Hi-G-Tek got $5.5M in funding from an investment team led by L Capital Partners

What Company Is Offering:
Hi-G-Tek, The Highly Intelligent RFID Solutions Provider, goes above and beyond traditional asset monitoring platforms with its Pro-Active line of RFID solutions. The company provides real-time information using patented remote sensing wireless technology to monitor high-value cargo while in-transit or at fixed locations. Hi-G-Tek's Pro-Active Visibility and Security solutions deliver precise and immediate information on logistics, business operations, and cargo condition. Hi-G-Tek's unique capabilities ensure visibility, security and value for valuable assets.

How Much They Got From VCs:

Hi-G-Tek, a leading provider of a new highly intelligent generation of Pro-Active RFID solutions for high value cargo and sensitive materials, has just received $5.5M in funding from an investment team led by L Capital Partners and Battelle Ventures. The cash infusion enables the company to accelerate market penetration and growth in the international cargo security and petroleum logistics markets.

L Capital Partners and Battelle Ventures are major investors in Hi-G-Tek and are the majority investors in the current investment. John Levy and Oded Weiss from L Capital Partners and Ralph Taylor-Smith from Battelle Ventures serve on Hi-G-Tek's Board of Directors. Additional information about L Capital Partners can be found at http://www.lcapitalpartners.com. Additional information about Battelle Ventures can be found at http://www.battelleventures.com.
More at:http://www.higtek.com.