Altierre, a fast growing company in Silicon valley, California, is revolutionizing the world of
price and signage changes in retail and aims to bring the stores into the Digital Age. Current
processes are increasingly unable to keep up with the explosion of information, required to
serve the diverse needs of retailers and consumers.
Since its establishment in 2003, Altierre has been working closely with several leading retail
chains in the United States. Its RF based platform provides many consumer benefits
improving both revenues and margins. Its initial offering, ESL (Electronic Shelf Labels), will
automate the price and information dissemination process in stores.
The market opportunity for Altierre’s solutions exceeds tens of billions of dollars in the United
States alone. Addressing a major pain point within the $3 Trillion US retail industry, Altierre
is attacking the “next big thing”.
HISTORY
Altierre was founded in 2003 by a team of technology and retail veterans each with decades
of experience in retail, software, RF and high volume manufacturing. They recognized the
market opportunity and the immense need for a wireless solution that could unlock billions of
dollars in profits for retailers.
Altierre has raised 3 rounds of institutional funding from top-tier investment firms, the Galleon Group, DuPont Capital Management a $27 Billion fund, the D E Shaw group, a $36 billion investment firm, ATA Ventures, Labrador Ventures and Kinetic Ventures.
TECHNOLOGY
- Altierre has developed a highly scalable, RF system that can manage and update
millions of intelligent tags and display in stores and warehouses.
- Its non line of sight RF based technology can manage entire 50 -100,000 sq ft buildings
like retail stores with only a few wireless access points.
- The longest range RF technology in its class of very low power.
- Based on it’s patented RF mixed signal chip technology, Altierre has developed several schemes for both low power communications as well as driving displays.
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