Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

Impinj Raises $14 Million for RFID

Wednesday, January 23, 2008

Seattle-based Impinj, a developer of RFID semiconductors, said Tuesday that it has raised $14 million in new investments from a number of strategic investors, according to multiple reports.

According to the company, funding comes from Inventec Appliances Corporation, LS Industrial Systems Co. Ltd., Samsung Ventures America, and YFY Group, and will go toward RFID products and technologies.

Impinj develops RFID semiconductors which are used to create RFID tags, readers, and other RFID components. [end] 

Impinj introduced Monza Self-Serialization, a chip-based EPC serialization method supported on ultra-high frequency RFID inlays powered by the Monza 5 tag chip.

Monza Self-Serialization generates a unique Serialized Global Trade Item Number (SGTIN) directly from each tag chip. This chip-based serialization simplifies EPC serial number management, giving retail brand owners the flexibility to decide when, where and how they manage the item-level tagging process across their supply chain.

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SK Telecom, headquartered in South Korea, has designed an RFID disposal management system that will encourage citizens to recycle and reduce the amount of daily food waste, according to Earth911.com.

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UPM RFID announced the new UPM Web ultra-high frequency (UHF) and UPM Trap near field (NF) UHF inlays based on the Monza RFID chip from Impinj.

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Xerafy announced the debut of Metal Skin, an ultra-high frequency EPC RFID inlay designed specifically for tracking metallic assets.

Metal Skin is a low profile inlay family containing the Impinj Monza 4QT chip. It is lightweight and flexible to fit curved surfaces such as the contour of metal cylinders and drums, without compromising performance.

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The RBC Royal Bank Bluesfest, an annual outdoor music festival that takes place each July in downtown Ottawa, Canada, is adopting RFID technology to innovate with access control and cashless payment systems.

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Impinj and RFsense took part in the joint installment of a complete source to floor RFID solution for “memove,” a new apparel brand and part of Brazil’s Valdac Global Brands.

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