Ekahau, Inc., a Framington, CT-based provider of Wi-Fi-based Real-Time Location Systems (RTLS) which enables enterprises to locate, track and manage assets, inventory, staff and visitors, received a $6m venture loan facility from Horizon Technology Finance Corporation (NASDAQ: HRZN).
The company intends to use the funds for working capital purposes.
Led by Mark Norris, President and CEO, Ekahau provides Wi-Fi-based Real-Time Location Systems (RTLS). Fortune 500 companies, hospitals and other facilities use Ekahau’s patented technology to have visibility into the location, condition and status of assets, people and workflows to drive decision-making processes. The company partners with wireless software developers, systems integrators and WLAN providers.