Mojix Raises $14M Series D

What does Mojix do?

Mojix, was founded in 2004 by some of the foremost experts in advanced signal processing technology in the world. It delivers RFID solutions which match real time supply and demand minimizing waste. Its mission is to use the technology to create a new generation of game changing RFID systems which realizes the vast potential and expands the utility of RFID throughout enterprises and supply chains.

Mojix, enables organization to re-invent and derive new levels of value from their supply chain management systems.

How much Mojix was funded?

Mojix raised $14 M in Series D funding on April 6^th, 2015 from OMERS Ventures, Mercury Partners LLC and Oak Investment Partners.

Previous Funding

• $50M  in Venture round on August 17^th, 2006 from Oak Investment Partners, InnoCal Venture Capital and Red Rock Ventures

What is next for Mojix?

Mojix, the wide area sensor networks provider will use its latest Series D funding for introducing software solutions that are game changing for IoT applications which open up the business value of wireless sensor networks.

As a result of the Series D round, Rainer Busch the Managing Partner at Mercury Ventures, Bandel Carano the Managing partner at Oak Investment Partners and Kent Thexton, Managing director of OMERS Ventures will join the Mojix’s board of directors.

More about Mojix
Mojix was founded in 2004 by Ramin Sadr and has its headquarters in Los Angeles, CA.

It is the worldwide leader in wide area sensor networks. It coordinates the cloud based analytics with heterogeneous data sources and reporting for delivering applications with high value to customers globally. It works with the leading retailers for enabling hands free inventory with the huge data centers for locating and tracking servers, with health care organizations tracking equipment, records, patients, with manufacturing organizations for tracking and managing work flow along with flood inventory.

Mojix also has offices in Asia, Gernamny, UAE and Frankfurt.