Press Releases

June 16, 2015

Altierre Announces IRISTM Wireless System on a Chip for its Ultra High Density IoT Network
65,000 IRISTM devices deployed in French pilot

Altierre Corp., a provider of ultra-low power long-range wireless technology for the Internet of Things (IoT) and innovative applications installed in over 1,000 cities, today unveiled its newest and most sophisticated IoT Wireless System-on-Chip aptly named IRISTM. Named after a character from Greek mythology, IRISTM enables hundreds of thousands of IoT devices, such as sensors and display tags in very large buildings under Altierre’s lightweight RF Network. These low profile 2-way RF devices powered by coin cell batteries provide an active service life of 5 -10 years while staying constantly connected and communicating data bi-directionally.
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IRISTM is the most advanced and feature rich mixed signal device for IoT applications yet to emerge from Altierre’s R&D Labs. Despite its diminutive size, IRISTM packs a 2-way RF communication block, digital control block, onboard sensors, A/D converter, an intelligent onboard controller and a variety of interfaces to external sensors and display controllers. IRISTM provides an extremely versatile, ultra-low power IoT controller and, in conjunction with Altierre’s secure and ultra-low power RF protocol network, enables a multitude of things to connect easily to the Internet. >MORE

September 15, 2014

Altierre’s Growth Continues with Over 6 Million Digital Signs Shipped to U.S. and European Retailers

Altierre Corp., a provider of ultra-low power long-range wireless technology for the Internet of Things and innovative application that are transforming retail in over 1,000 cities, today announced it has shipped more than 6 million digital tags and signs to date, bringing an array of benefits to its retail customers in the U.S. and Europe.bulle grise

More than four million of Altierre’s digital signs are currently installed and operating nationwide in retail stores in over 1,000 U.S. cities, including the only chain-wide deployment of digital signs in the country. In addition, two million of Altierre’s digital price tags are installed and operating in stores across France. >MORE

August 19, 2014

Altierre Accelerates Sales Momentum for U.S. and Global Markets; Opens Sales Office in France

Altierre Corp., a provider of ultra-low power long-range wireless technology for the Internet of Things and innovative applications that are transforming retail in over 1,000 cities, today announced the opening of its France sales office, and key hires in the U.S. and Europe to lead an aggressive expansion of its global sales effort. Retail sales veteran Tom Solomon joins the company as Vice President of U.S. Sales. Former Pricer and Apple sales veteran Jean Michel Luquot joins Altierre as Vice President of Sales for Europe, the Middle East and Africa (EMEA), leading Altierre’s new international sales office ibulle grisen Paris, France.

“With our recently completed financing, the opening of our France office and the addition of these established leaders, both of whom bring strong experience selling in this arena, we have strong momentum to now drive sales to the next level here and abroad. We are full steam ahead to deliver on our strategy and promise to be a global leader in retail technology,” said Altierre Chairman and CEO Sunit Saxena. >MORE

July 10, 2014

Altierre Secures Over $21 Million in Financing to Support Global Growth

Altierre Corp., a provider of ultra-low power long-range wireless technology for the Internet of Things and innovative applications that are transforming retail in over 1,000 cities, today announced that it has secured more than $21 million in financing that will be used to support the Company’s strategic global growth plans. The financing was co-led by new investor Stratim Capital and D.E. Shaw & Co., and included Altierre’s existing investors ATA Ventures, DuPont Capital Management, Labrador Ventures and Kinetic Ventures.
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“Our proprietary wireless technology is installed at thousands of retailers’ stores today and this financing will provide the necessary resources to expand that to thousands more,” said Altierre Chairman and CEO Sunit Saxena. “We are now well capitalized to lead the charge in bringing the Internet of Things to retail aisles globally and enhance efficiencies within retail stores.” >MORE

June 19, 2014

Altierre Selected as a Red Herring Top 100 North America Winner

Altierre Corp., a provider of ultra-low power long-range wireless technology for the Internet of Things and innovative applications that are transforming retail in over 1,000 cities, today announced that it has been chosen by Red Herring as one of its Top 100 America award winners. The award recognizes Altierre as one of the leading private companies from the Americas, and celebrates these startups’ innovations and technologies across their respective industries.
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The Red Herring Top 100 America winners were selected from among the approximately 3,000 tech startups financed each year in the US and Canada. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, Marin Software, Palo Alto Networks and eBay would change the way we live and work. >MORE

July 22 , 2013

Altierre Selected by Alwayson as One of the GLOBAL 250 Companies to Watch

Altierre Corp., a provider of ultra low power wireless technology and innovative applications that are transforming retail in over 1000 cities, today announced that it has been chosen by AlwaysOn as one of the Global 250 Companies to Watch. Altierre was previously chosen as a top Company to Watch in the US. And now, inclusion in the AlwaysOn Global 250 Companies to Watch signifies leadership amongst its peers worldwide for game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Altierre was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
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Altierre and the AlwaysOn Global 250 Companies to Watch will be honored at AlwaysOn’s tenth annual Innovation Summit at the Computer History Museum on July 23rd, 2013. This two-day executive gathering highlights the significant economic, political, and commercial trends — and identifies the most promising entrepreneurial opportunities and investments — in the global tech industry. >MORE

May 24, 2013

Altierre Selected by Alwayson as an Ondemand Company to Watch

Altierre Corp., a provider of ultra low power wireless technology and innovative applications that are transforming retail in over 1000 cities, has been chosen by AlwaysOn as one of the 2013 OnDemand Companies to Watch. Inclusion in the OnDemand Companies to Watch signifies leadership amongst its peers and game-changing approaches and technologies that are expected to disrupt existing markets and entrenched players. Altierre was specially selected by the AlwaysOn editorial team and industry experts based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz
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Altierre was honored at AlwaysOn’s OnDemand event on May 20th, 2013, at Hewlett-Packard’s Executive Briefing Center in Palo Alto, CA. Altierre Chairman and CEO Sunit Saxena was one of the featured presenters at this two-and-a-half-day executive event that examined how the Internet is disrupting how companies create, store, distribute, analyze, and take advantage of their mission-critical data. >MORE

September 13, 2012

Altierre Announces NFC-Enabled Price TAGS AND DIGITAL SIGNS

Altierre Corp., a provider of ultra low-power wireless technology that enables dynamic pricing, promotion, and product information in brick and mortar retail stores, today announced the introduction of near field communication (NFC)-enabled price tags and digital signs, augmenting the company’s complete suite of wireless solutions for retailers.
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NFC is a standards-based connectivity technology that enables interactivity with smart phones, facilitating communication and mobile payments. Altierre’s NFC- embedded technology opens the way for shoppers to scan electronic price tags and digital signs using their smart phones, making it possible for retailers to provide in-store personalized offers and product details such as nutritional and allergy information. In addition it allows retailers to cross-sell or upsell associated items, while also enabling instant checkout via applications like Google Wallet. >MORE

July 18 , 2012

Altierre Unveils E-Paper Product Family for Digital Signs and Price Tags

Altierre Corp., a provider of ultra-low power wireless technology that enables dynamic pricing, promotion and product information in brick and mortar retail stores, today announced the introduction of its E-Paper Product Family. Altierre’s fully graphic (dot-matrix) high-resolution E-Paper digital display technology appears as ink on paper and complements the company’s complete suite of digital price tags, signs and enterprise-ready wireless infrastructure.
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“The addition of E-Paper to the Altierre product family is an exciting milestone for our fast-growing company,” said Altierre chairman and CEO Sunit Saxena. “With over 1,000 stores already installed and running Altierre’s proprietary e-signage solutions and wireless infrastructure in US and Europe, we see enormous potential and customer demand for the incredibly sharp and crisp displays that E-Paper affords.” >MORE

July 13 , 2012

Altierre selected as one of companies to watch in Global Top 250 private companies…

Altierre Corp., a provider of ultra low power wireless technology that enables e-signage and dynamic pricing solutions for retailers, today announced that it has been chosen by AlwaysOn as one of the AlwaysOn Global 250 Companies to Watch. Inclusion in the AlwaysOn Global 250 Companies to Watch signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Altierre was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
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Altierre and the AlwaysOn Global 250 Companies to Watch will be honored at AlwaysOn’s tenth annual Innovation Summit at the Computer History Museum on July 23rd, 2012. >MORE

June 13 , 2012

Altierre Expands Footprint to Europe with Leading French Retailer E.Leclerc

Altierre Corp., a provider of ultra low power wireless technology that enables e-signage and dynamic pricing solutions for retailers today announced it has completed the installation of its technology throughout an E.Leclerc hypermarket in Saint-Jean-du-Falga, France. Infomil, the IT subsidiary of E.Leclerc, was responsible for the software integration, the deployment and technical support for this installation. The store represents Altierre’s first international deployment.
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The installation includes Altierre’s wireless infrastructure and more than 30,000 digital price tags, enabling digital marketing and dynamic pricing throughout the store. This next generation wireless technology is bi-directional (2-way communication), requires only 2-3 access points for supermarkets under 5,000 square meters, and comes with 5- year battery life warranty on dot-matrix LCD screens. The deployment includes price tags inside cold and freezer cases where temperatures run as low as -20°C. >MORE

May 31 , 2012

Altierre to Present at SID’S Display Week Investor Conference

Altierre Corp., a provider of ultra low power wireless technology that enables e-signage and dynamic pricing solutions for retailers, today announced that Chairman and CEO Sunit Saxena will present at the 8th Annual SID’s Display Week Investors Conference sponsored by Cowen and Company in Boston on June 5. Display Week is the premier international gathering of scientists, engineers, manufacturers and users in the field of electronic-information displays. The Investors Conference will feature presentations from leading public and private companies in the display technology supply chain.
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WHAT: 8th Annual SID’s Display Week Investors Conference sponsored by Cowen and Company
WHEN: June 5, 2012
TIME: 10:30am ET
WHERE: Boston Convention & Exhibition Center Boston, MA  >MORE

February 13 , 2012

Former Long’s Drugs CEO Joins Altierre Board

Altierre Corp., a provider of ultra low power wireless technology that enables e-signage and dynamic pricing solutions for retailers, announced today that retail industry veteran and former Longs Drug Stores CEO Steve Roath has joined the company’s board of directors.
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“The addition of Steve Roath to our board affirms that industry leaders who understand the power of our technology believe in its ability to solve critical problems and deliver productivity improvements for large retail chains,” said Altierre CEO Sunit Saxena. “In addition to his wealth of contacts, we will benefit tremendously from Steve’s insider perspective into the complexities of retail management, both at the store and the chain level.” >MORE

January 10 , 2012

Altierre Announces Record Growth for 2011

Altierre Corp., a provider of ultra low power wireless technology that enables e-signage and dynamic pricing solutions for retailers, today announced it reached several key milestones in 2011, achieving record revenue growth and surpassing the one million mark in both RF chips and digital signs shipped. Altierre’s proprietary wireless technology is operating in more than 1,000 retail stores across the country. This technology delivers cost savings, additional revenue opportunities and other important benefits for several of the largest national chains representing department stores, grocery, drug and convenience stores.
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Highlights of Altierre’s growth and momentum in 2011 include:
• Revenue growth of 100%, marking the third consecutive year of at least 100% annual growth
• Surpassed the one million mark in RF chips designed, built and shipped
• Exceeded two million ultra low power display chips designed, built and shipped
• Topped the one million mark in digital signs shipped
• Altierre’s enterprise-class network installed and working in more than 1,000 retail stores. >MORE

November 10 , 2009

Altierre Introduces Out-Of-Stock Sensor Solution

As part of its Sensor Network applications, Altierre Corp., a provider of ultra low power wireless solutions for retailers, today expanded its line of innovative wireless products by introducing the Out-of-Stock Sensor Solution – a first of its kind technology that alerts retailers when it’s time to re-stock inventory on shelves.
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“Out-of-stocks cost more than $6 billion in lost sales in just the top 25 categories at the U.S. grocery store chains alone, and it’s due to inefficient and insufficient shelf monitoring — a problem that can be solved by our technology,” said Altierre Chairman and CEO Sunit Saxena. “Our Out-of-Stock Sensors are wireless tags that send an alert when products are no longer detected, notifying managers that it’s time to re-stock. The system continuously monitors shelves 24/7, which is virtually impossible to do manually.” This gives retail chains the ability to monitor, quantify and manage down the lost sales from out-of-stocks across the chain. >MORE

August 17 , 2009

Altierre’s Animation Chip brings Signage to Life

Altierre Corp., a provider of ultra low power wireless solutions for retailers, today announced a significant breakthrough in retail display: Dynamic Messaging, which brings the power of animation to its line of digital tags and signage. Dynamic Messaging is the latest addition to Altierre’s comprehensive portfolio of proprietary technology solutions for retailers that have been developed in conjunction with leading chains and designed for immediate deployment and high ROI.
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“The addition of animation to our product line is a very significant development for retailers,” said Altierre Chairman and CEO Sunit Saxena. “Studies have proven that consumers are far more responsive to changing images than static images. Paper and digital signage have been limited to static messaging – which can easily be tuned out and ignored by shoppers – until now. Altierre has created a dynamic medium that opens a powerful new world of hyper-dimensional in-store marketing to retailers.” >MORE

June 23 , 2009

Altierre Adds Wireless Temperature Sensing to its Wireless Store Platform that Alerts Food Retailers to Temperature Changes

As part of its Sensor Network applications, Altierre Corp., a provider of ultra low power wireless solutions for retailers, today expanded its line of innovative wireless products for large grocery chains by introducing digital temperature tags that monitor hot, refrigerated and freezer cases. By alerting grocers to temperature changes, the tags act as a warning system that may save the grocery industry and institutional food service providers millions of dollars in food spoilage.
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“Food safety and spoilage is a significant concern and problem for all food retailers, and in particular large grocery chains, for whom ready to eat and refrigerated prepared foods are an increasingly large percentage of sales,” said Altierre Chairman and CEO Sunit Saxena, who noted that nearly 20 percent of the products in typical supermarkets are refrigerated. “Instead of employees walking around manually reading thermometers throughout the stores, which is subject to human error and delays, our tags monitor refrigerators, freezers and hot cases 24/7 and alert managers to temperature variations via their computer screens, email or text messages. This acts as an early warning system that gives managers an opportunity to take action and address equipment problems before perishables start to spoil. This is also key to food safety.” The system continuously monitors temperatures, which would be cost prohibitive if done manually. >MORE

May 18, 2009

Altierre Signs Master Purchase Agreement for Digital Price Tags with Top National Retail Chain

Altierre Corp., a provider of wireless dynamic pricing solutions for retailers, today announced the signing of a Master Purchase agreement with a leading national retail chain with more than 1,000 stores nationwide. The agreement calls for a pilot project followed by multi-store rollout of Altierre’s digital signage and pricing technology solution.
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“Household-name store chains are extremely enthusiastic about the Altierre digital signage and price tag solution and we are thrilled to announce a partnership with one of the nation’s most successful and innovative retailers,” said Altierre Chairman and CEO Sunit Saxena. “This agreement also demonstrates strong interest in our larger format digital signage offering in addition to our ESLs. We now have pilot projects underway with several premier national retail chains. These deals signal recognition that Altierre has developed a solution that is scalable, affordable and will deliver high ROI for our partners when deployed in a retail chain environment.” >MORE

May 11, 2009

Altierre Unveils High Contrast Displays for ESL and Digital Signage Product Lines

Altierre Corp., a provider of digital signage and wireless dynamic pricing solutions for retailers, today announced it has achieved a significant technical breakthrough in providing high-contrast black-and-white displays for its low-cost, low-power electronic shelf labels (ESLs) and Digital Signage product lines.
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“Our new product line of displays establishes a new benchmark for contrast and readability, and is the culmination of years of research and iterative improvement in materials, manufacturing and algorithms,” said Altierre Chairman and CEO Sunit Saxena. “These displays, which are already in production and installed in pilot stores, have received an overwhelmingly positive response from our retail customers as well as very high marks for readability from their shoppers.” >MORE

April 14, 2009

Altierre is world’s first company to achieve five-year battery life on LCD dot matrix display tags

Altierre Corp., a provider of wireless dynamic pricing solutions for retailers, today announced it has achieved a battery life of five years for its electronic shelf labels (ESLs), becoming the first company globally to set this new benchmark for LCD dot matrix displays. Independent certification recently completed by Compliance Certifications Services (www.ccsemc.com), a leading certification company that tests, measures and certifies scientific and technology products worldwide, verified the five-year battery endurance for Altierre’s ESLs.
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“Altierre has combined efficient network protocols, ultra-low power RF, and ground-breaking LCD driving technology to achieve unprecedented battery life performance,” said Dr. Ken Cioffi, VP of RF and Analog Design for Altierre. “While others have resorted to using exotic display technologies — which are expensive and not mass manufacturable — in an attempt to achieve this milestone, Altierre has accomplished it with conventional low-cost, mass produced, LCD dot matrix displays. Altierre is also the first to demonstrate a complete five-year battery-life solution with dot matrix displays including operation at freezer temperatures of -20 centigrade,” said Dr. Cioffi. >MORE

March 19, 2009

Altierre Unveils Retail technology Center

Altierre Corp., a provider of wireless dynamic pricing solutions for retailers, today unveiled a Retail Technology Center at its company headquarters in San Jose, consisting of a 45,000-square foot paperless retail demo store and adjacent tech lab. Designed as a full-scale, fully-functional replica of a large retail outlet, Altierre’s Retail Technology Center will serve as an incubator and testing facility for the company’s products as well as other companies’ new applications aimed at improving productivity, merchandising, display and the consumer shopping experience for large retail chains.
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“Forward-looking retailers are all looking for ways to improve the customer’s shopping experience, increase efficiencies and productivity and enhance profitability. The demo store is perfect for test driving new hardware and software under actual retail conditions,” said Altierre Chairman and CEO Sunit Saxena. “It is designed to be a proving ground for green tech and other retail-oriented innovations, where our customers, partners and vendors can work with us to develop applications under conditions that are identical in size and scale to a real world store. This would be tremendously cost effective for a startup or small company, who otherwise would not have an opportunity to test their solutions in a real environment.” >MORE

September 29, 2008

Altierre Unveils Revolutionary Ultra Low Power Wireless Platform for Large Retail Chains

Altierre Corp., a provider of wireless dynamic pricing solutions for retailers, today unveiled its wireless platform for large retail chains – a revolutionary green technology with the potential to save billions of sheets of paper currently wasted on price tags and marketing messages. It provides a unified infrastructure for a host of applications, beginning with Altierre’s dynamic pricing and signage system.
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“We are pleased to bring to market an end-to-end solution that will finally advance retail into the digital age,” said Altierre Chairman and CEO Sunit Saxena. “The system is currently live at one of our partner’s stores and is now ready for commercial deployment across retail chains. It is very gratifying to see the elimination of the enormous amount of paper and ink wasted by the daily printing of paper price tags. Our proprietary electronic system has also demonstrated a significant improvement in pricing accuracy, thereby eliminating pricing errors typical of paper-based price signage.” >MORE

May 23, 2008

Altierre Adds $8 Million to Series C Funding Round, Bringing Total to $30 Million

Altierre Corp., a provider of wireless dynamic pricing solutions for retailers, today announced it has raised an additional $8 million in a second closing of its Series C funding round, bringing the total to $30 million. Participating in Altierre’s second closing were previous investors the D. E. Shaw group and Labrador Ventures. Altierre has raised a total of $60 million to date.
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“We are seeing substantial customer interest in our solution, and this additional funding will further enable us to scale toward multiple implementations in the near future. The second closing of the Series C round continues to demonstrate our investors’ enthusiasm for our technology, and our highly differentiated and strategic approach to a large market opportunity,” said Altierre Chairman and CEO Sunit Saxena. >MORE

April 08, 2008

Former Albertson’s CIO Bob Dunst joins Altierre’s Board Of Advisors, adding Retail I.T. and RFID expertise

Altierre Corp., a provider of wireless dynamic pricing solutions for retailers, announced today that veteran retail technology expert and former Albertson’s CIO Robert J. Dunst, Jr. has joined the company’s board of advisors.
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“Bob is recognized as a visionary leader in identifying and implementing breakthrough technologies for large retail chains and is a perfect fit for Altierre,” said Altierre Chairman and CEO Sunit Saxena. “As a recognized expert in RFID with 25 years of direct industry experience, Bob has a clear understanding of the complex challenges that our target customers face. His insights and expertise will be tremendous assets for Altierre.” >MORE

March 25, 2008

Leading Retail Consultant Bill Bishop and Industry Veteran Pat Kiernan join Altierre’s Board of Advisors

Altierre Corp., a provider of wireless dynamic pricing solutions for retailers, announced today that well known supermarket and retail industry consultant Willard (Bill) Bishop and grocery industry veteran Patrick L. Kiernan have joined the company’s board of advisors.
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“Bill Bishop is one of the most respected names in the retail and grocery industries,” said Altierre Chairman and CEO Sunit Saxena. “Pat Kiernan’s insights into consumer future forces and supply chain efficiencies are well documented. Their knowledge base and expertise will be enormously beneficial for Altierre as we begin to roll out our solutions with leading grocery retailers.” >MORE

March 10, 2008

Altierre Completes $22 Million Funding Round Led by The Galleon Group

Altierre Corp., a provider of wireless dynamic pricing solutions for retailers, today announced the completion of a $22 million Series C round led by The Galleon Group. Previous Altierre investors ATA Ventures, the D. E. Shaw group, Dupont Capital Management and Labrador Ventures also participated in the round.
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The Series C funding will enable the rapid expansion of Altierre’s production and manufacturing in anticipation of multiple implementations with major retail chains. Altierre estimates that more than $40 billion is spent annually worldwide implementing price changes in the food, drug and mass retail segments, including $10 billion by the U.S. supermarket industry alone. With a fully functioning, end-to-end solution, the Company is now executing its breakout strategy to directly address this vast opportunity. >MORE

September 14, 2007

Altierre to present at ThinkEquity Partners G5 conference

Altierre Corp., a provider of wireless infrastructure solutions for retailers, announced that it has been invited to present at ThinkEquity Partners’ prestigious G5 Growth Conference next week in San Francisco.
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ThinkEquity Partners’ Fifth Annual Growth Conference will be held at the St. Regis Hotel in San Francisco from Monday, September 17th through Thursday, September 20th. The annual symposium will feature presentations by more than 200 fast growing, dynamic companies that are shaping the future of the growth economy, from top growth sectors including life sciences, high tech, green tech, media, and consumer products and services. >MORE

May 17, 2007

Mike Heschel joins Altierre’s board of advisors

Altierre Corp., a provider of wireless infrastructure solutions for retailers, announced today that veteran information technology (IT) and former Kroger’s CIO Mike Heschel, Ph.D., has joined the company’s board of advisors.
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“Mike Heschel is a recognized leader in IT for large retail chains, and his insights and direct experience with our target market and its complex technology needs will be tremendous assets for Altierre,” said Altierre CEO Sunit Saxena. “Mike’s unique insider perspective, along with his visionary approach, will be complementary to our outstanding advisory team.” >MORE

May 10, 2007

Altierre Selected Top 100 Company for North America by Red Herring

Altierre Corp., a provider of wireless infrastructure solutions for retailers, has been chosen for the Top 100 Award, a selection of the 100 private companies based in North America that play a leading role in innovation and technology.
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“We are very honored to be selected for the Red Herring 100,” said Altierre CEO Sunit Saxena. “This award further validates our approach to creating a wireless infrastructure to bring the digital age to the stores, as well as the size of the market opportunity.” >MORE

April 11, 2007

Altierre Secures $17 Million in Oversubscribed Series B Round Led By the D. E. Shaw Group

Altierre Corp., a provider of wireless infrastructure solutions for retailers, announced today it has closed an oversubscribed, $17-million Series B round led by the D. E. Shaw group, a global investment and technology development firm with approximately $29 billion in aggregate investment capital. Also participating in the round were Dupont Capital Management and existing investors — ATA Ventures, Kinetic Ventures and Labrador Ventures — from a $13-million Series A round in January 2005. Altierre said the new capital will support multi-phase implementations with major retail chains later this year.
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“We believe Altierre’s total-systems approach to solving critical business problems with specialty low-power chips, long range RFID-based wireless networks and enterprise software is one of the most significant breakthroughs for retailers since the introduction of the bar code 30 years ago,” said Andre Turenne, a senior vice president at the D. E. Shaw group. “Deep in experience with top-tier grocery and other retail chains, the Altierre team is working closely with major grocers to co-develop and refine its technology, which we believe is poised for significant expansion into other retail verticals.” >MORE