Passport Systems

company

About

Passport Systems develops cargo screening systems for detection and identification of materials at air and sea ports, and border crossings.

  • 51 - 100

Details

Last Funding Type
Series B
Last Funding Money Raised
$2M
Industries
Industrial,Manufacturing,Supply Chain Management
Founded date
Dec 1, 2002
Number Of Employee
51 - 100
Operating Status
Active

Passport Systems, Inc. develops and manufactures cargo screening systems for detection and identification of materials at air and sea ports, border crossings, and other key points in the supply chain industry. Its products are used to identify the contents of a container, including commercial items, contraband, fissile materials, explosives, and various other materials.

The company was founded in 2002 and is based in Billerica, Massachusetts.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$9.39M
Passport Systems has raised a total of $9.39M in funding over 2 rounds. Their latest funding was raised on Nov 26, 2007 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 26, 2007 Series C $7.39M 1 Shiprock Capital Detail
May 22, 2006 Series B $2M 2 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Passport Systems is funded by 2 investors. Shiprock Capital and Commons Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Shiprock Capital Yes Series C
Commons Capital Series B