Mojix

Mojix, Inc. is an American software company specializing in technology that provides item-level inventory management and traceability solutions for business supply chains. Its products include high security, globally scalable cloud-hosted SaaS-based software platforms that leverage RFID, NFC, barcodes and other auto identification data to track the lifecycles of items throughout supply chains. Founded in 2004, the company is based in Los Angeles, CA and has offices in the US, Latin America and Europe.

History

Mojix was founded in 2004 by former NASA scientist. Dr. Ramin Sadr[1], who had a background in advanced signal processing technology for deep space communications. While at NASA, Sadr and his team created the ground terminals for the their deep space network (DSN), which regularly tracked spacecraft venturing inside or outside the solar system and the all-digital receiver model for the present day receivers deployed by NASA. One of these missions was salvaging telemetry data from the Galileo spacecraft mission from the ground when the craft’s high gain antenna failed to deploy upon reaching Jupiter.

In 2001, Dr. Sadr began developing the technology that would become the RFID systems sold under the name Mojix. With help of venture capital, Mojix was founded and incorporated in August 2004. Mojix received funding from InnoCal and Red Rock Ventures in September, 2005. After initial funding, the company delivered the Mojix STAR product in May, 2006. Mojix subsequently demonstrated this early model to a leading consumer packaged goods company in October, 2006, reading a population of RFID tags at a distance of 800 feet. This was the first time in history that a passive RFID tag was read at such a distance. Series B funding was completed in mid-2007 with lead investor Oak Investment Partners.

In 2015 Dan Doles became President and Chief Executive Officer and started moving the company out of the RFID hardware business towards . Also in 2015, Mojix acquired La Paz, Bolivia-based software provider TierConnect and its subsidiary CodeRoad. In 2017 Mojix merged with France-based RFID solution provider CXignited.

Acquisitions

September 13, 2017 – Mojix, a leading provider of RFID systems and IoT platform solutions has merged with Europe-based CXignited, a leader in delivering retailers real-time product and consumer data for unique customer experiences. The united company will create a worldwide footprint with expanded resources, scalability and an end-to-end retail platform based on innovative business solutions and technology. It also secures a leadership position in servicing global retailers, brands and manufacturers while accelerating each company’s growth initiatives.

June 5, 2015 - Mojix, the leading provider of wireless sensor network solutions, today announced the acquisition of TierConnect and its subsidiary CodeRoad, the creators of a state-of-the-art platform for the Internet of Things (IoT) recently launched as “ViZix.” This acquisition enables Mojix to offer comprehensive and fully configurable software solutions with advanced analytics, enabling end-to-end business intelligence and data visibility across multiple industries. This will further bridge the gap between its RFID hardware platform, the edge and IoT.

May 10, 2022, Mojix was acquired by an affiliate of Peak Rock Capital[2] of Austin, TX. Peak Rock Capital is a middle-market private investment firm that makes equity and debt investments in companies in North America and Europe.

References

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1. ↑ https://www.retailtechnologyreview.com/articles/2008/11/04/254-mojix-inc-launches-company-and-unveils-revolutionary-new-class-of-rfid
2. ↑ https://www.themiddlemarket.com/latest-news/peak-rock-capital-acquuires-mojix

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