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Technology Stocks : Alien Technology Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (155)11/14/2006 12:20:39 PM
From: Cooters  Read Replies (1) | Respond to of 174
 
This is from a newsletter earlier this month, the guy is on CNBC all the time and very credible.

Alien Technology Corp., a Morgan Hill, Calif.–based RFID tagging company, has secured around $15 million of a $50 million-targered Series I round, according to a regulatory filing. In addition, the filing indicates that Alien will sell $93.75 million of convertible securities (the $50m is preferred stock). Backers include Advanced Equities, CMEA Ventures, Rho Ventures and SunBridge Partners. Alien has raised nearly $250 million in total VC funding, and earlier this year withdrew registration for a $138 million IPO. www.alientechnology.com