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Alien Technology Nabs $10 Million Venture Capital

Wednesday, June 15, 2011 5:36:00 AM PDT | VentureDeal Staff
   Morgan Hill, California  --  RFID company Alien Technology has secured $10.4 million second round venture capital investment, according to an SEC regulatory filing.

Alien provides UHF RFID products and services to a variety of industry verticals, including retail, manufacturing, defense and logistics.

Investors in the financing were not disclosed, nor was how the company intends to use the proceeds.

Alien is still seeking an additional $49 million in financing, according to the filing.

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