Tego, Inc., a Waltham, MA-based developer of smart asset solutions for managing digital data in the Internet of Things, secured $6m in funding.
The company intends to use the funds to accelerate the delivery of its solutions to the health sciences industry.
Led by Timothy Butler, CEO, Tego provides RF-enabled smart asset solutions that use proprietary semiconductor chips to provide RF connectivity, data management and storage, sensor functionality, and security of data stored.
The company, which already has more than 50 customers in the aerospace industry, where customers use its products on components installed on Airbus and Boeing aircraft, is now expanding into the health sciences sector, to allow organizations to manage digital data on physical assets—in “smart factory” manufacturing settings and ebeam and gamma sterilization processes.
Tego’s RF solutions survive sterilization while managing critical product, packaging, and even transport data and information from the initial point of manufacturing through to clinical use.