What is RF Code?
Based in Austin, Texas, RF Code provides advanced asset visibility, regulatory compliance, and operational efficiency solutions for data centers and other demanding environments. Their technology is crucial for clients in sectors such as banking and healthcare, enabling precise tracking of core data center assets, remote offices, and mobile equipment. Since its founding in 1997, RF Code has focused on delivering mission-critical value and substantial cost savings through its comprehensive product suite, which includes solutions for both fixed and mobile asset tracking.
How much funding has RF Code raised?
RF Code has raised a total of $73.8M across 7 funding rounds:
Series B
$20M
Series B
$20M
Series C
$13M
Series D
$12M
Unspecified
$6.6M
Debt
$1M
Debt
$1.2M
Series B (2005): $20M with participation from Mitsui & Co, Intel Capital, and QuestMark Partners
Series B (2005): $20M led by Intel, QuestMark Partners, and Mitsui & Co.
Series C (2007): $13M supported by Intel Capital and QuestMark Partners
Series D (2011): $12M featuring yet2Ventures
Unspecified (2018): $6.6M, investors not publicly disclosed
Debt (2020): $1M with participation from PPP
Debt (2021): $1.2M led by PPP
Key Investors in RF Code
Intel Capital
Intel Capital, the venture capital arm of Intel, invests in innovative startups across various technology sectors, including AI, cloud computing, and data center solutions, aiming to foster technological advancement and market leadership.
QuestMark Partners
QuestMark Partners is an expansion-stage investment firm that partners with management teams to build market-leading companies, providing financial support for enterprise software, healthcare IT, and tech-enabled business services.
Mitsui & Co.
Mitsui & Co. is a global trading and investment company with a diverse portfolio, focusing on supporting industry growth, promoting energy transition, and enhancing quality of life through various business initiatives.
What's next for RF Code?
The recent strategic investment signals a strong confidence in RF Code's business model and its capacity to address evolving data center management challenges. With a history of securing substantial capital, including Series B, C, and D rounds, the company is well-positioned for its next phase of growth. This capital infusion will likely support the enhancement of its RFID technology, expansion into new markets, and the development of advanced analytics capabilities to further optimize data center operations and asset utilization. The company's focus on enterprise-level solutions suggests a trajectory towards deeper integration within large-scale IT infrastructures.
See full RF Code company page
