Airsis Raises Series A

San Diego-based Airsis has closed a $1M Series A venture round from the Tech Coast Angels. The round is the company's first institutional investment round. The Tech Coast Angels' co-investment partner the Serpahim Fund also participated. The firm said that it would use the funding to grow its sales force, implement marketing programs, and develop new products. Airsis is developing remote asset management solutions that allow customers to track and monitor their assets via satellite and wireless communications. More information »