Articles from Position Imaging, Inc.

Position Imaging, Inc, the developer of some of the most advanced location tracking technologies in the world, today announced that it has raised $30 million via intellectual property (IP)-based debt financing. The capital was provided by GT Investment Partners ("Ghost Tree Partners") and facilitated by insurance and valuation services provided by Aon plc (NYSE: AON), the financing will help drive Position Imaging’s growth into the retail, hospitality, and travel markets while expanding into the EU with its global partners network. Position Imaging’s Smart Package Room® and iPickup® platforms are poised to change how first and last mile ecommerce fulfillment operates, with self-service operations without inefficient, expensive alternatives like staff, lockers or robots.