Cointime

TRX Systems

company

About

TRX Systems is the developer of NEON®, a location system delivering tracking services inside GPS-disabled buildings.

  • 11 - 50

Highlights

Total Funding Amount
$4.10M
Funding Rounds
4
Investors
3

Details

Last Funding Type
Grant
Last Funding Money Raised
$180K
Industries
Location Based Services,National Security,Navigation,Security,Software
Founded date
Jan 1, 2004
Number Of Employee
11 - 50
Operating Status
Active

TRX Systems, Inc. is the developer of NEON, an indoor location system that delivers precise, infrastructure free tracking of personnel inside buildings where GPS is not available and in outdoor urban centers where GPS is unreliable. NEON greatly improves situational awareness and command effectiveness through the use of advanced sensor fusion, time of flight ranging, and mapping algorithms that deliver precise, real time location of personnel in GPS-denied locations.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$4.10M
TRX Systems has raised a total of $4.10M in funding over 2 rounds. Their latest funding was raised on Aug 10, 2015 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 10, 2015 Series Unknown $500K 1 — — Detail
Mar 24, 2014 Grant $1.42M 1 National Science Foundation — Detail
Nov 12, 2012 Series A $2M 1 — — Detail
Apr 25, 2012 Grant $180K 1 National Science Foundation — Detail

Investors

Number of Lead Investors
Number of Investors
2
3
TRX Systems is funded by 3 investors. National Science Foundation and EMERGE CoLab (Powered by TechNexus Venture Collaborative) are the most recent investors.
Investor Name Lead Investor Funding Round
National Science Foundation Yes Grant
EMERGE CoLab (Powered by TechNexus Venture Collaborative) — Series Unknown
Maryland Department of Business and Economic Development — Series A
Cointime
เนื้อหา
บริษัท