Element ID Receives $50K Investment from BFTP/NEP

Element ID, Inc., a Bethlehem, Northampton County, PA-based RFID company has received $50k investment from Ben Franklin Technology Partners of Northeastern Pennsylvania (BFTP/NEP).

The company intends to use the capital to increase sales and marketing efforts and customer support for its products.

Led by CEO Jack Romaine, CTO David Martin, and Vice President of Sales and Marketing Michael Walter, Element ID offers proprietary radio frequency identification (RFID) tag reader. These systems are used to help customers track assets and improve manufacturing accuracy and efficiency, to automatically manage clinical and environmental lab testing, and for fully automated, EPA-compliant chemical disposal.
The company serves customers in North America, South America, and the Middle East.

FinSMEs

27/01/2012

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