What is RFID?
Founded in 1997 with roots tracing back to 1984, RFID designs and produces proprietary RFID products, with a significant emphasis on domestic manufacturing, boasting 99% of its offerings made in the USA. Headquartered in Aurora, Colorado, and with a global operational footprint spanning North America and the Asia Pacific, the company provides both custom engineering solutions and a wide array of off-the-shelf RFID hardware. RFID caters to diverse business and consumer markets, offering comprehensive RFID technologies, long-term product support, and worldwide distribution. The firm's expertise lies in developing bespoke RFID solutions and providing strategic consulting for technology integration.
How much funding has RFID raised?
RFID has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for RFID?
With its recent large-scale late-stage funding and a major strategic investment, RFID is poised for accelerated expansion and technological advancement. The company's focus on proprietary, US-made RFID hardware and specialized consulting services positions it to capitalize on the growing demand for efficient identification and tracking solutions across various industries. This strategic financing is expected to fuel further innovation in RFID technology, enhance its global market penetration, and potentially support strategic acquisitions or partnerships to solidify its leadership in the RFID sector.
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