RFID Chip Cross-Sell Implications

Cross-selling human implanted RFID chips and financial services may present synergies with a privacy impact. RFID company, Verichip, merger causes some concerns. ...

... "And ahead of the recent merger, VeriChip gave a presentation to investors hinting there would be some cross-pollination between the two sides of the business. " ...

Via Wired: VeriChip Merger

Reva RFID Funding Growth

Reva Systems closes $5 million round of new venture capital funding and appoints new CEO. The company continues to experience growth in the RFID market during this challenging period in the business cycle. ...

... "Reva’s $5 million round was led by existing investors North Bridge Venture Partners and Charles River Ventures, both original backers since the company’s founding in 2004. The funds will be primarily used to expand Reva’s worldwide network of resellers and solution partners and drive new product offerings based upon its proven TAP technology. While companies around the globe are experiencing tough business conditions, Reva continues to see strong adoption and expanding use cases from existing and new customers for its UHF RFID solutions in 2009. Assuming responsibility from acting CEO and co-founder Ashley Stephenson, Bruce Berger joins Reva as the company’s new CEO. " ...

Via Reva Systems: $5 Million Funding

RFID ROI Payback Period Is Extended

ABI Research confirms what we already know about technology investments --- when you build a holistic business case that nets benefits with one-time and realistic on-going operating costs, the payback period is usually longer. Not many technology investments will deliver greater than 50% rate of return. ...

... "According to ABI, nearly 37 percent of the respondents said they did not expect a positive ROI within 12 months, compared to 25 percent who expected one within 12 to 18 months ... " ...

Via IT Jungle: RFID Payback

RFID Antenna Collaboration

MysticMD and Identica Holdings Corp collaborate on the development of new RFID antenna based on conductive inks. ...

... "If the two companies find that Mystic MD’s conductive ink can feasibly work with Identica’s antennas, then they plan to pursue SBIR Phase 2 funding to make the antennas commercially viable. " ...

Via Massachusetts Biotech and Technology News: RFID antenna development

ThingMagic RFID Strategic Investment for Intelligence

ThingMagic secures strategic investment from In-Q-Tel to develop innovative solutions in intelligence applications. ...

... "Through this strategic partnership, ThingMagic will expand the development of its RFID reader and sensor technology to facilitate the integration of RFID and sensors into a wider range of applications. In-Q-Tel conducted a thorough evaluation before selecting ThingMagic's technology and based its investments on a three-pronged evaluation process. This includes rigorous vetting for technical excellence, examination of the financial and venture value of the investment, and the quality of the match between the commercial solution and the broadly described problem set of the U.S. Intelligence Community. " ...

Via ThingMagic: Strategic Investment

RFID Funding for Growth

Alien Technology achieves a new funding round with its existing investor pool: Advanced Equities, New Enterprise Associates (NEA), Rho Ventures and Sunbridge Partners. ...

... "Despite challenging U.S. economic market conditions, Alien successfully acquired an aggregate $38 million in new funds. Alien’s expected product revenue for its recently completed FY08 grew approximately more than 50% over FY07. Each consecutive quarter in FY08 realized record breaking inlay volume sales, placing FY08 inlay volume growth above 76% over FY07. " ...

Via Alien Technology: - Press Center - Press Releases

SOA RFID set for CIO Investment

Survey shows interest in RFID investments for 2008. ...

... "Radio frequency identification (RFID) took second place in the survey, with usage of the tags predicted to rise by 122 percent. The track-and-trace chips were used in eight percent of companies last year, while 18 percent of them expect to use it in 2009. " ...

Via ZDNet UK: SOA and RFID

China RFID Market Largest

China RFID market is accelerating and has successful applications of the technology across many industries. The growth should continue in China as its identity card and access controls for the summer Olympics event drive demand. ...

... "China has become the world's largest market for RFID by value, thanks to huge government spending on China's national ID card program and investments for the Beijing 2008 Olympics. " ...

Via NetworkWorld: 2007 China RFID Industry

RFID Research Invests in Item Level Validations

Checkpoint will fund RFID Research Center's laboratory through investment and equipment donation. The research will support proof-of-concept, pilots, and use case validations in areas, such as item-level tracking. The RFID Center sponsors range from RFID technology providers to end user companies, such as WalMart, FedEx, Microsoft, and Tyson Foods. ...

... "The RFID Research Center is part of the Information Technology Research Institute in the Sam M. Walton College of Business at the University. The Center, which opened in 2005, is a vendor-neutral, third-party testing and research facility focused on the use of RFID and other wireless and sensor technologies in the supply chain. Checkpoint has supplied RFID, electronic article surveillance (EAS) and source-tagging technology and services to some of the world's largest retailers, and will be able to leverage that experience to share its insight and expertise in the area of item-level tracking and shrink management with the RFID Research Center. " ...

Checkpoint Joins University of Arkansas RFID Research Center

RFID Venture Capital Investment

Intelleflex has differentiated itself in the RFID marketplace and has landed venture capital investment to fund its growth plans. ...

... "Arcapita Ventures, a $200 million growth and expansion stage venture capital fund, announced it has closed an investment in Intelleflex Corporation, the leader in Extended Capability RFID. The investment was co-led by Motorola Ventures, the strategic venture capital arm of Motorola, and included pro-rata participation from existing investors Morgenthaler Ventures, Woodside Fund, Alloy Ventures, and Selby Venture Partners." ...

$15.5M SERIES C INVESTMENT IN INTELLEFLEX CORPORATION

Farms Benefit from RFID Technology

Farms are able to justify technology investments such as RFID. ...

... "Rezare was involved in the 2005 Walton IT farm trial, which tested various technologies such as RFID (radio frequency identification) tags to identify cows. " ...

Via Stuff.co.nz: Hi-Tech Farms

RFID Human Implantation Has Healthcare Role For Glucose Monitoring

VeriChip and Digital Angel collaborate to introduce RFID implantation into the glucose monitoring process and will present together on December 4 and 5th in NYC. ...

... "they will host events for the medical and investment communities on December 4-5th in New York surrounding the development of an implantable bio-sensing RFID microchip to measure glucose levels in the human body. Checking blood glucose levels regularly is critical to properly managing diabetes. The conventional method - a finger prick - is invasive, painful and often inaccurate. The implantable bio-sensor chip would have a passive transponder, a sensor and integrated circuitry that could allow anyone implanted with the microchip to painlessly scan it to determine their blood glucose concentration. The RFID microchip would then quickly and accurately transmit the glucose data back to a wireless scanner that displays the glucose level. The RFID microchip would be powered by the scanner signal, avoiding the need for a battery in the microchip. " ...

Via Verichip: Implantable RFID Glucose-Sensing Microchip for Humans

RFID Company Funding for Aerospace Commercialization

Tego raises funds to commercialize RFID technology for aerospace applications. ...

... "Tego, Inc., a Waltham-based developer of high-memory passive RFID tag solutions, announced that it has closed a $6 million Series A investment led by Bainco International Investors, an asset management and wealth advisory firm. Tego will use the funds for development and commercialization of its solution that will be initially launched for the aerospace industry. " ...

Via Tego: Series A Investment