Updated: Altierre lets retailers change prices on the fly
Retailers are still in the dark ages when it comes to changing prices on items on store shelves. San Jose, Calif.-based Altierre allows them to join the 21st century by enabling retailers to change store-aisle prices on the fly.
The company sells product shelves lined with RFID (radio frequency identification) tags with liquid crystal displays. Store owners can use it to make pricing changes in just one store, regionally, or across a whole chain. The company… 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