RFID Funding for Growth

Alien Technology achieves a new funding round with its existing investor pool: Advanced Equities, New Enterprise Associates (NEA), Rho Ventures and Sunbridge Partners. ...

... "Despite challenging U.S. economic market conditions, Alien successfully acquired an aggregate $38 million in new funds. Alien’s expected product revenue for its recently completed FY08 grew approximately more than 50% over FY07. Each consecutive quarter in FY08 realized record breaking inlay volume sales, placing FY08 inlay volume growth above 76% over FY07. " ...

Via Alien Technology: - Press Center - Press Releases