Cisco Funds RFID Startup
ThingMagic, a privately held RFID products specialist, said Wednesday it has received additional funding from Cisco Systems and Nicholas Negroponte, the chairman of MIT’s Media Laboratories.
The company did not disclose how much Cisco and Mr. Negroponte invested individually but said the total investment, which also included a line of credit from Silicon Valley Bank, was $6 million.
posted by Fergie @ 2/02/2006 06:46:00 AM
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