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RFID Asset Tracking Blogs

Entigral Closes on New Financing Round

July 21, 2015/in News Releases /by Entigral Systems

Entigral Systems, Inc. is pleased to announce that it has closed on a new round of financing.  The financing, an extension of its earlier Series A Preferred Stock financing, closed in June.  The funds will be used for funding the continued expansion of the company’s business operations.  “This investment supports our continued success in the marketplace and Entigral will use the new funds to expand our sales and product development efforts,” said Mark Self, the company’s President and CEO.

Entigral is expanding its business to focus on a broad base of manufacturing companies in the automotive and logistics sector.

About Entigral Systems

Entigral is a software company that develops and sells TraxWare ‒ an industry-leading Enterprise Internet of Things (IoT) platform.  TraxWare enables a new generation of sensor-based inventory and asset tracking applications, primarily using Radio Frequency Identification (RFID) sensors, for Smart Manufacturing and Logistics.  These tracking applications include capital and fixed asset tracking, work in-process management, warehouse and supply chain management, and inventory replenishment.  For more information about Entigral’s solutions, visit www.entigral.com.

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