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Alanco Technologies

alanco.com

Founded Year

1969

Stage

PIPE | IPO

Total Raised

$2.07M

About Alanco Technologies

Alanco Technologies (OTCQB: ALAN) provides information technology solutions in a wide range of industries through its various subsidiaries.

Headquarters Location

7950 E. Acoma Drive Suite 111

Scottsdale, Arizona, 85260,

United States

480-505-4869

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Latest Alanco Technologies News

3:00 am Fri, July 7, 2006 NJBIZ StarTrak Brought by Arizona Company - NJBIZ

Apr 12, 2021

StarTrak Brought by Arizona Company By: Yvonne Darling July 7, 20063:00 am Alanco Technologies reports that it has fully acquired Morris Plains-based GPS tracking and wireless data services provider StarTrak Systems.Alanco Technologies reported that it has fully acquired Morris Plains-based GPS tracking and wireless data services provider StarTrak Systems. The $15 million acquisition is an all-stock transaction made up of 13.2 million Alanco common shares, plus assumption of about $5 million in liabilities. StarTrak sales are currently over $1 million per month, according to Alanco. Alanco CEO Robert R. Kauffman said, “StarTrak is a transformational transaction for our company, positioning Alanco as the dominant provider of wireless tracking and data-management services in two emerging niche markets, each of which have a worldwide potential in excess of $1 billion.” Alanco Technologies is based in Scottsdale, Ariz., and develops tracking systems used to trace the location and movement of inmates by the corrections industry.

Alanco Technologies Frequently Asked Questions (FAQ)

  • When was Alanco Technologies founded?

    Alanco Technologies was founded in 1969.

  • Where is Alanco Technologies's headquarters?

    Alanco Technologies's headquarters is located at 7950 E. Acoma Drive, Scottsdale.

  • What is Alanco Technologies's latest funding round?

    Alanco Technologies's latest funding round is PIPE.

  • How much did Alanco Technologies raise?

    Alanco Technologies raised a total of $2.07M.

  • Who are the investors of Alanco Technologies?

    Investors of Alanco Technologies include Downsview Capital, Iroquois Capital Group, Whalehaven Capital and Omicron Capital.

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