HomefundingEkahau Receives $6M Venture Loan Facility from Horizon Technology Finance Corporation

Ekahau Receives $6M Venture Loan Facility from Horizon Technology Finance Corporation

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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.

FinSMEs

02/08/2013