Impinj Raises $21M, But Drops IPO Effort
socalTECH
JULY 26, 2012
Impinj , a developer of UHF, radio frequency identification (RFID) chips which has linked to Caltech, and an office in Orange County, said today that it has raised $21M in an equity funding round, as well as dropped its plans for an IPO. Impinj said the funding came from AllianceBernstein L.P., The firm had filed for an IPO in April 2011.
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