ScanlinLast updated on July 2nd 2019 at 0904 pmM

first_imgScanlinLast updated on July 2nd, 2019 at 09:04 pmMilwaukee-based floor sensor technology developer Scanalytics Inc. is working to raise a $1 million debt funding round, of which $533,000 has already been raised from three investors, according to a new SEC filing.Joe ScanlinThe early-stage company previously raised a $500,000 angel round in 2013 and a $2.5 million seed round in 2016. In December, co-founder and chief executive officer Joe Scanlin told BizTimes he was about to begin raising a series A round to fund its growth into new applications. This most recent funding round began May 21, according to the filing.Scanalytics’ technology is used to measure human behavior with intelligent floor sensors and a predictive analytics platform. The company, founded in 2013, has grown to about 20 employees, with plans to hire another five to eight employees this year. Last year, Scanalytics gained a key partnership with Intel. Its customers include large corporations like Raytheon Co., Qualcomm Inc. and Microsoft Corp. Get our email updatesBizTimes DailyManufacturing WeeklyNonprofit WeeklyReal Estate WeeklySaturday Top 10Wisconsin Morning Headlines Subscribelast_img read more