Awarepoint finds $13.3M for location-pinpointing platform

Location systems developer Awarepoint raked in $13.3 million in fourth-round financing to expand its domestic and international presence in the radio frequency identification (RFID) space. The San Diego company’s platform, utilizing this technology, is able to track the precise location and movement of people and things.

Cardinal Partners led the round, which also included Venrock and Avalon Ventures. Now five-years old, Awarepoint previously raised about $8 million.

Next Story: Spectrum Bridge closes $7.4M for radio spectrum auctions
Previous Story: Confirmed: Courtney Holt to be new MySpace Music CEO