Reva RFID Funding Growth

Reva Systems closes $5 million round of new venture capital funding and appoints new CEO. The company continues to experience growth in the RFID market during this challenging period in the business cycle. ...

... "Reva’s $5 million round was led by existing investors North Bridge Venture Partners and Charles River Ventures, both original backers since the company’s founding in 2004. The funds will be primarily used to expand Reva’s worldwide network of resellers and solution partners and drive new product offerings based upon its proven TAP technology. While companies around the globe are experiencing tough business conditions, Reva continues to see strong adoption and expanding use cases from existing and new customers for its UHF RFID solutions in 2009. Assuming responsibility from acting CEO and co-founder Ashley Stephenson, Bruce Berger joins Reva as the company’s new CEO. " ...

Via Reva Systems: $5 Million Funding

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

RFID Market Revenue Forecast

Gartner sees growth in RFID revenue as market adoptions increases through compliance programs and value-driven implementations across multiple industries. ...

... "Worldwide radio frequency identification (RFID) revenue is forecast to total $1.2 billion in 2008, a 30.9 percent increase from 2007 revenue of $917.3 million, according to Gartner, Inc. By 2012, worldwide RFID revenue is forecast to total $3.5 billion. " ...

Via Gartner: Worldwide RFID Revenue to Surpass $1.2 Billion in 2008

RFID Transponder Growth $1B

Transponder growth ia expected to top $1 billion with revenues mixed across the globe. ...

... "The global market for RFID transponders approached $1 billion in 2006 and is expected to grow at a compounded annual rate (CAGR) of 24% through 2008. Transponder revenue distribution was relatively uniform among the regional markets - EMEA accounted for slightly more than 35% of total revenues and the remaining market was, for the most part, equally divided between the Americas and Asia-Pacific regions. " ...

Via Venture Development Corp: $1 BILLION MARK