A provider of tags that track locations of materials and people has raised $120,800, according to a filing Monday with the Securities and Exchange Commission.

WISER Systems Inc. raised the money from 4 investors, according to the filing.

The Raleigh-based technology company currently has $379,200 remaining of the total $500,000 in fundraising.

The company has raised the money in the form of equity.

WISER Systems is an award-winning startup at North Carolina State University Centennial Campus that commercialized a wireless sensor with real-time localization technology.

The company uses its customized WISER tags to track inventory throughout warehouses and manufacturing facilities.

The technology can also be used to track patients in medical centers and medical devices in hospitals and clinics.

WISER Systems is led by Chief Executive Officer Elaine Rideout. Rideout is also an adjunct professor at NCSU since 2011.

Rideout is a career entrepreneur with more than 25 years in the business. She has raised over $100 million to capitalize her business and nonprofit ventures.

Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.