Avery Dennison (NYSE:AVY)
Historical Stock Chart
6 Months : From Oct 2018 to Apr 2019
By Josh Beckerman
Semiconductor company Wiliot has raised a $30 million Series B round from Amazon Web Services, Samsung Venture Investment Corp. and Avery Dennison Corp. (AVY). This increased its total funding to $50 million.
Wiliot, a developer of battery-free Bluetooth tags, said it had a successful demonstration at the National Retail Federation's Big Show event.
The company's technology can be used for purposes including real-time tracking during the manufacturing process, providing product information in stores and allowing consumers to get instructions and reminders.
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(END) Dow Jones Newswires
January 14, 2019 13:53 ET (18:53 GMT)
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