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

ThingMagic gets cash injection

Monday, July 14, 2008

Another RFID firm has secured a new round of venture capitol. Developer ThingMagic Inc. announced that it will receive an additional $9.5 million in funding from previous investors, including Tudor Ventures, The Exxel Group, Morningside Technology Ventures and .406 Ventures.

ThingMagic specializes in the development of RFID readers, sensors, and embedded RFID technologies including fixed and embedded RFID readers and antennas, embedded and OEM RFID technology, along with RFID integration services for a wide range of industrial and consumer products. Customers include Ford and Lexmark. [end] 

Related Articles
InSites RTLS leverages ThingMagic RFID technology

Intelligent Insites Inc. announced that its InSites RTLS healthcare software solution now supports ThingMagic Astra readers for passive RFID data integration.

The ThingMagic Astra reader is an ultra-high frequency RFID reader with a fully integrated antenna designed for commercial environments, such as hospitals and clinics. Astra readers offer Power over Ethernet (PoE) and WiFi options to support flexible, low cost installations.

read more »
MasterCard survey shows commuters in favor of contactless payments

survey conducted on behalf of MasterCard Worldwide by Harris Interactive reveals that U.S. transit riders are ready to kick cash to the curb in favor of contactless payments. Commuters also want to consolidate their mass transit tickets into one card that can be use across multiple transit systems.

read more »
No more carrying cash around at Wireless Festival

Barclays Bank PLC announced that the Barclaycard Wireless Festival 2012 is to be fully contactless enabled, giving attendees the ability to enjoy the experience without having to carry cash.

read more »
Avery Dennison, Trimble delivers ThingMagic powered RFID systems for hospitals

Avery Dennison Healthcare Provider Solutions and Trimble are working together to deliver ThingMagic powered passive RFID-based systems to hospitals.

As part of the joint effort, Avery will leverage Trimble’s ThingMagic Mercury6 and Astra ultra-high frequency reader platforms to improve key processes for increased patient safety and satisfaction and reduce costs.

read more »
Pethealth launches MiniChip, companion animal RFID technology

Pethealth Inc. announced the roll out of an ISO-standard MiniChip for use with companion animal RFID applications.

Approximately one-third the size of a standard microchip – which itself is roughly the size of a grain of rice - the MiniChip is designed to offer a smaller-scale alternative without compromising any of the protective benefits.

read more »
FNB launches GPS-based mobile payments

South Africa’s First National Bank (FNB) has added a new feature to its mobile app that enables users to make peer-to-peer payments via GPS technology.

read more »

Copyright © 2012, AVISIAN, Inc. All rights reserved.