Altierre raises $8 million more on top of previous round
Altierre has raised an additional $8 million as part of its previously announced third round of funding. Full-told, the maker of RFID shelf-tagging systems has now raised $30 million in its third round, which was announced two months ago.
Previous investors D. E. Shaw and Labrador Ventures participated in the $8 million second closing. The company has raised $60 million to date. Other investors include ATA Ventures, DuPont Capital Management, Galleon Group and Kinetic Ventures.
The San… Continue Reading
Altierre raises $17M to push wireless infrastructure for retailers
Altierre, a San Jose provider of wireless infrastructure for retailers, said it has raised $17 million in a second round of financing led by the D. E. Shaw group.
DuPont Capital Management and existing investors ATA Ventures, Kinetic Ventures and Labrador Ventures, also invested. The funding follows a $13 million first round in January 2005.
Retailers are experiencing a revolution in wireless technology, the company said in a statement. Low-power chips, long-range RFID-based wireless networks and… Continue Reading