Flexible Electronics News

TAGSYS Secures $12 Million in Venture Funding

Will use the funds to expand distribution channels, help partners secure new markets and continue to develop UHF and HF solutions

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By: DAVID SAVASTANO

Editor, Ink World Magazine

TAGSYS announced that it has secured €8 million ($12 million) in new investment, led by current investors Elliot Advisors, Endeavour Vision, Add Partners, DFJ Esprit and Saffron Hill. TAGSYS will use the funds to expand its distribution channels, help partners secure new markets, and continue to develop UHF and HF solutions optimized for item-level applications for a variety of markets including library, textile services, brand and fashion and healthcare. “2009 was a year of successes for TAG...

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