Atlanta-based Arcapita Ventures (www.arcapita.com), a venture capital firm and arm of Arcapita Bank, has co-led a $15.5 million third round of financing for California-based Intelleflex, a provider of radio frequency identification (RFID) technology for commercial and industrial applications. The investment deal was co-led by Motorola Ventures, the strategic venture capital arm of Motorola, and included participation from existing investors Morgenthaler Ventures, Woodside Fund, Alloy Ventures, and Selby Venture Partners.
Arcapita Ventures is a CED member.