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TRX Systems

Description

Provider of algorithms and products designed to locate and track locations. The company's algorithms and products geolocates sensor data and personnel indoors, underground and anywhere GPS is not available using sensor fusion, ranging, and mapping technology, enabling users to find locations where GPS is unavailable, without relying upon pre-installed or networked infrastructure.

2001

Founded

PRIVATE

Status

1-10

Employees

Later Stage VC

Latest Deal Type

$400k

Latest Deal Amount

$3.45M

Total Amount Raised

Description

Provider of algorithms and products designed to locate and track locations. The company's algorithms and products geolocates sensor data and personnel indoors, underground and anywhere GPS is not available using sensor fusion, ranging, and mapping technology, enabling users to find locations where GPS is unavailable, without relying upon pre-installed or networked infrastructure.

Website:

www.trxsystems.com

Ownership Status

Privately held (backing)

Financing Status

Venture Capital-Backed

Primary Industry

Application Software

Other Industries

Other Communications and Networking

Primary Office

7500 Greenway Center Drive Suite 420 Greenbelt, MD 20770United States +1 (301) 313-0053
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TRX Systems Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

TRX Systems Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
Price
% Owned

TRX Systems Investors (10)

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Investor NameInvestor TypeHoldingInvestor SinceParticipating RoundsBoard
Seat
Contact
Info
Defense Advanced Research Projects AgencyGovernment000 0000000 0000
EMERGE AcceleratorAccelerator/IncubatorMinority000 0000000 0000
In-Q-TelVenture CapitalMinority000 0000000 0000
Maryland Department of CommerceGovernmentMinority000 0000000 0000
Maryland Technology DevelopmentVenture CapitalMinority000 0000000 0000
Defense Advanced Research Projects Agency Government
EMERGE Accelerator Accelerator/Incubator
In-Q-Tel Venture Capital
Maryland Department of Commerce Government
Maryland Technology Development Venture Capital

TRX Systems Executive Team (8)

NameTitleBoard
Seat
Contact
Info
Carol PolitiChief Executive Officer, Board Member & President
Carole Teolis Ph.DCo-Founder, Chief Technology Officer & Chairman of the Board
Benjamin FunkVice President, Engineering & Co-Founder
Jeff KunstVice President, Business and Product Development
Steven EdwardsAdvisor
Carol Politi Chief Executive Officer, Board Member & President
Carole Teolis Ph.D Co-Founder, Chief Technology Officer & Chairman of the Board
Benjamin Funk Vice President, Engineering & Co-Founder
Jeff Kunst Vice President, Business and Product Development
Steven Edwards Advisor

TRX Systems Board Members (5)

NameRepresentingRoleSinceContact
Info
Bill ArmisteadSelfBoard Member000 0000
Carole Teolis Ph.DTRX SystemsCo-Founder, Chief Technology Officer & Chairman of the Board000 0000
Gilmer Blankenship Ph.DSelfCo-Founder & Board Member000 0000
Jean-Luc AbaziouSelfBoard Member000 0000
Reese Schroeder JDMotorola Solutions Venture CapitalManaging Director000 0000
Bill Armistead Board Member Self
Carole Teolis Ph.D Co-Founder, Chief Technology Officer & Chairman of the Board TRX Systems
Gilmer Blankenship Ph.D Co-Founder & Board Member Self
Jean-Luc Abaziou Board Member Self
Reese Schroeder JD Managing Director Motorola Solutions Venture Capital
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