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ThingMagic develops RFID technology for asset tracking and inventory management.
Founded in 2000 and based in Cambridge, Massachusetts, ThingMagic developed RFID modules for asset tracking, inventory control, and automation in sectors including healthcare and retail. It completed six funding rounds, including USD 9.50 mn from investors such as 406 Ventures and 5Y Capital. Trimble Navigation Limited acquired the company in October 2010.
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