Morgan Hill’s Alien rakes in $38 million more in VC funding(0)
Remember Alien Technology, the Morgan Hill maker of radio-frequency ID technology that two years ago unsuccessfully tried to sell 9 million shares with the proposed ticker symbol of RFID at $10 to $12 a share in an initial public offering to be underwritten by its investment bankers led by Bear Stearns? (Hey, remember Bear Stearns??)
Alien has secured a significant new chunk of venture funding. “Despite challenging U.S. economic conditions,” said the company in a press release understatement Monday, it raised a $38-million round led by Read the rest of this entry »
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