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RISK & SECURITY | Security Products
tabscorp.com

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Founded Year

2009

Stage

Seed VC | Dead

Total Raised

$500K

Last Raised

$500K

About Tactical Awareness Beacon Systems

Tactical Awareness Beacon Systems (TABS) has developed a portfolio of hardware, software, services and business methods that use GPS tracking to help commercial financial institutions overcome the everyday challenges of theft. ShadowCash, which is designed to track stolen cash from commercial bank robberies, includes a GPS tracking device that is hidden in a stack of bills stored in a bank teller's drawer. When the stack containing the TABS device is lifted from the cash register, the device automatically begins sending a silent alarm through cellular signals every five to ten seconds. Those signals are received by TrackString, the company's proprietary back-end tracking system, which the TABS support staff monitors 24/7 and can link to the local police department.

Tactical Awareness Beacon Systems Headquarter Location

14 Bank STreet

New Milford, Connecticut, 06776,

United States

860-294-7899

Latest Tactical Awareness Beacon Systems News

Tactical Awareness Beacon Systems LLC Receives $500k from Connecticut Innovations

May 18, 2013

By FinSMEs Tactical Awareness Beacon Systems LLC (TABS) , a Woodbury, Conn.-based company that develops GPS-enabled asset tracking systems and services for the commercial, public and consumer sectors, raised $500k in venture financing. The capital was provided by Connecticut Innovations (CI) , through its Venture & Mezzanine Debt Fund. The company intends to use the funding to continue to refine and roll out ShadowCash, its initial product. Established in 2009 by CEO and co-founder Dean Sarjeant, TABS has developed a portfolio of hardware, software, services and business methods that use GPS tracking to help commercial financial institutions overcome the everyday challenges of theft. ShadowCash, which is designed to track stolen cash from commercial bank robberies, includes a GPS tracking device that is hidden in a stack of bills stored in a bank teller’s drawer. When the stack containing the TABS device is lifted from the cash register, the device automatically begins sending a silent alarm through cellular signals every five to ten seconds. Those signals are received by TrackString, the company’s proprietary back-end tracking system, which the TABS support staff monitors 24/7 and can link to the local police department. FinSMEs

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