Awarepoint Corp, a provider of real-time location systems (RFID-RTLS) to hospitals, will receive expansion capital from Palo-Alto based JAFCO Ventures.

The $10 million of expansion capital, led by JACFO Ventures and joined by existing investors, Cardinal Partners and Venrock, will enable Awarepoint to accelerate its development of new technology, products, and client success capabilities.

Awarepoint offers location, status, condition, and movement visibility of both equipment and people. Its real-time awareness solutions include its patented ZigBee wireless mesh network, application software, firmware, connectivity bridges, and multipurpose tag form factors to support asset and people tracking, and condition-sensing applications such as temperature monitoring and autoclave cycles.

As part of the financing, Tom Mawhinney, general partner of JAFCO Ventures, will join Awarepoint’s board of directors.

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