Trac ID Systems Overview
- Year Founded
-
2005

- Status
-
Acquired/Merged
- Employees
-
15

- Latest Deal Type
-
M&A
Trac ID Systems General Information
Description
Provider of radio frequency identification technology (RFID) for the oil and gas industry. The company offers wireless communication systems to improve lifecycle management and rig assets through automated tracking, including manufacturing control, stock management, transport tracking and inspection handling.
Contact Information
Website
www.tracid.comCorporate Office
- Lagerveien 12 A
- P.O. Box 22
- 4064 Stavanger
- Norway
Corporate Office
- Lagerveien 12 A
- P.O. Box 22
- 4064 Stavanger
- Norway
Trac ID Systems Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
3. Merger/Acquisition | 01-Feb-2016 | Completed | Profitable | |||
2. Later Stage VC | 24-Apr-2013 | Completed | Profitable | |||
1. Early Stage VC | 01-Jan-2007 | Completed | Generating Revenue |
Trac ID Systems Patents
Trac ID Systems Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20120297652-A1 | Device and method for attaching an id-marker to a production pipe | Inactive | 12-Nov-2009 | ||
EP-2499324-B1 | Device and method for attaching an id-marker to a production pipe | Active | 12-Nov-2009 | ||
EP-2499324-A2 | Device and method for attaching an id-marker to a production pipe | Active | 12-Nov-2009 | ||
GB-2441185-A | Electronic id tag and co-operating antenna | Active | 13-Oct-2004 | ||
GB-0708931-D0 | Electronic id tag and co-operating antenna | Active | 13-Oct-2004 | G06K19/0723 |
Trac ID Systems Signals
Trac ID Systems Former Investors (2)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Equinor Ventures | Corporate Venture Capital | Minority | ||
Northzone Ventures | Venture Capital | Minority |
Trac ID Systems FAQs
-
When was Trac ID Systems founded?
Trac ID Systems was founded in 2005.
-
Where is Trac ID Systems headquartered?
Trac ID Systems is headquartered in Stavanger, Norway.
-
What is the size of Trac ID Systems?
Trac ID Systems has 15 total employees.
-
What industry is Trac ID Systems in?
Trac ID Systems’s primary industry is Wireless Communications Equipment.
-
Is Trac ID Systems a private or public company?
Trac ID Systems is a Private company.
-
What is Trac ID Systems’s current revenue?
The current revenue for Trac ID Systems is
. -
How much funding has Trac ID Systems raised over time?
Trac ID Systems has raised $3.89M.
-
Who are Trac ID Systems’s investors?
Equinor Ventures and Northzone Ventures have invested in Trac ID Systems.
-
When was Trac ID Systems acquired?
Trac ID Systems was acquired on 01-Feb-2016.
-
Who acquired Trac ID Systems?
Trac ID Systems was acquired by NOV.
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