$38M funding from Alien Technology
Morgan Hill-based company who produced Radio Frequency Identification (RFID) chip Alien Technology secured $38 million in new funding.
According to report, its 2008 product revenue is on track to grow more than 50% over 2007.
“Alien Technology has seen significant momentum and revenue growth in its core product offering,” Victor Vega, Alien’s director of marketing, said, “with annual tag volumes continuing to double.”
Alien Technology storming its head on ultra-high frequency (UHF) RFID technology.
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