From the Boston Globe Business Team
Tego raises $6 million
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October 31, 2007 01:03 PM
Tego Inc. announced today that it has closed a $6 million Series A investment.
The Waltham company is a designer and producer of high-memory, passive radio frequency identification, or RFID, chips for the aerospace, defense, transportation, and other industries that require large amounts of data to be stored on a passive tag.
The investment was led by Bainco International Investors, an asset management and wealth advisory firm with offices in Wellesley, Tego said.
(By Chris Reidy, Globe staff)
