TRX Systems
Latest round
- Series A
Last raised
- Nov 2012
Total raised
- $2M
Investors
- 3
About TRX Systems
TRX Systems, Inc.Founded in 2007 in Greenbelt, US, TRX Systems, Inc. specializes in providing innovative positioning solutions. The company was acquired in January 2022 by ACR Electronics, Inc. The acquisition aims to improve and expand TRX's product offerings across various markets.TRX Systems specializes in advanced positioning, navigation, and timing (PNT) solutions, particularly through its flagship DAPS II product, which offers next-generation assured PNT services. This technology is designed to deliver precise location data even in challenging environments where traditional GPS signals may be unreliable. DAPS II is utilized primarily in sectors such as defense and public safety, catering to military personnel and first responders who require robust navigation tools for mission-critical operations. The company's products are engineered to enhance situational awareness and operational effectiveness, making them essential for users operating in complex indoor and outdoor settings.The revenue model of TRX Systems is structured around direct sales to government and defense clients, including potential contracts for equipment and services related to their specialized PNT solutions. Transactions typically occur through formal procurement processes, where government entities purchase DAPS II systems under long-term contracts or project-based agreements. In addition to direct sales, the company may also engage in partnerships with other technology providers to enhance their offerings and reach new markets. The pricing structure for their products is tailored to the specific needs of the client, reflecting the complexities and requirements of the defense and emergency service sectors.Following the acquisition on January 19, 2022, TRX Systems plans to utilize its resources to innovate and expand its product solutions across various markets. The company aims to enhance its offerings, particularly in the defense and public safety sectors.'s capabilities, potentially leading to new product launches and market expansions targeting specific regions. The focus will be on increasing the deployment of its PNT solutions within North America and Europe as it continues to foster partnerships to meet growing demands.
Who invested in TRX Systems
3 investors across 1 round
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Funding rounds
Series A
Nov 12, 2012
Amount
$2M
Investors
Questions about TRX Systems
Who invested in TRX Systems?
TRX Systems has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has TRX Systems raised?
TRX Systems has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did TRX Systems last raise money?
TRX Systems's most recent round on record is a Series A, in Nov 2012.
What does TRX Systems do?
TRX Systems is a software company.
Where is TRX Systems headquartered?
TRX Systems is headquartered in Greenbelt, US.
Which VCs invest in companies like TRX Systems?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at TRX Systems's stage. Their profiles are linked below.
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