CertiRx Corp., a Research Triangle Park company developing and commercializing technology that makes counterfeits and frauds easier to detect, has raised $215,000 of a $600,000 equity round, according to a regulatory filing.
The company raised the funds from two investors according to a filing with the U.S. Securities and Exchange Commission.
According to its web site, “The TraxSecur™ suite provides comprehensive protection from the risks of counterfeit, grey market, and stolen product by combining authentication and serialization into a single technology.”
Businesses that implement TraxSecur, the company says, are able to track product movement through all parts of the supply chain and conduct spot authentication as needed thereby mitigating the risks of unauthorized trade.
The company’s patented software defends supply chain integrity of pharmaceuticals, sensitive documents, and package labeling. It doesn’t need special coding printers.
It’s AuthentiForm product adds an unobtrusive security mark to any documents that makes detection easier and verifies the content of sensitive documents such as health records, prescriptions, or academic records.
Its TraxSecur product includes authentication by smart phone app and reports forensically-relevant information to a user.
It provides visibility into a supply chain and helps management understand product movement, close weak links in a distribution network, and respond to adverse events as they happen, among other features.
CertiMer is a high security mark that gets formulated into a liquid product. Its safe for ingestible food or water.
On the web: http://www.certirx.com/
SEC filing: http://www.sec.gov/Archives/edgar/data/1555613/000155561315000002/xslFormDX01/primary_doc.xml