Alien lands $38 million

Aug. 7, 2003 — Alien Technology Corp., a Morgan Hill, Calif., provider of radio frequency identification (RFID) products, announced closing on $38 million in Series F funding.


Advanced Equities Inc. led the round. Lago Ventures Fund, Forsythe Technology and H&S Ventures also participated, along with three new strategic investors and sixteen existing investors. Manhattan Associates Inc., a provider of supply chain solutions, was one of the strategic investors.


The round will be used to fund the company’s expansion plans. In July, a production expansion in Fargo, N.D., was announced. Alien Technology uses a proprietary fluidic self-assembly manufacturing process to create its RFID products.


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