Omni-ID, a Rochester, NY-based supplier of high-performance, passive UHF RFID tags, has secured almost $8m in additional funding from private equity firm Trillium Group.
The company intends to use the funds for new product and sales channel development.
Led by recently appointed President and CEO George E. Daddis Jr., PhD, Omni-ID provides passive, low profile UHF RFID solutions, which work in the harshest environments, including on, off, and near metal and liquids.
The company’s patent-pending technology is designed to enable a broad range of new applications to improve asset tracking, supply chain management and work-in-process.
Customers include Alcatel-Lucent, BHP Billiton, Boeing, Daimler-Benz, FloraHolland, GE Healthcare, Holt Cat, Honda, HP, IBM, Johnson & Johnson, Lister Petter, Metro Group, Mitsubishi, Motorola, Oklahoma Turnpike Authority, Prime Rail, Prisas Printura, Saab, Saipem, Sun and Wiseman Dairies.
FinSMEs
14/09/2011