Seattle-based Impinj, a developer of RFID semiconductors, said Tuesday that it has raised $14 million in new investments from a number of strategic investors, according to multiple reports.

According to the company, funding comes from Inventec Appliances Corporation, LS Industrial Systems Co. Ltd., Samsung Ventures America, and YFY Group, and will go toward RFID products and technologies.

Impinj develops RFID semiconductors which are used to create RFID tags, readers, and other RFID components.