AeroScout Gets $16M Round
AeroScout in Redwood City, CA, raised $16 million in a round led by Evergreen Venture Partners, with previous investors Cisco, Greylock Partners, Intel Capital, Menlo Ventures, Pitango Venture Capital and Star Ventures participating, according to PE Hub. AeroScout makes a Real Time Location System that works with its Wi-Fi RFID system, primarily for healthcare companies. AeroScout raised $7 million in June 2009 and $12 million in June 2008.