Impinj Pulls $100M IPO Plans, Secures $21M Financing
July 30, 2012- Share:
In lieu of an IPO, Seattle-based Impinj instead went ahead and raised $21 million in venture financing. ARCH Venture Partners (14.69% stake), Polaris Venture Partners (14.35%), Madrona Venture Group (13.59%), Mobius Venture Capital (10.61%), Intel Capital (6.60%), AllianceBernstein and Growth Fund Private Equity all participated. Impinj makes UHF (ultra-high frequency) RFID (radio-frequency identification) products. In April 2011, the company had filed to raise up to $100 million through an initial public offering.
- Share:
-
-
-
-