Alien Sees Green

Alien Technology Corp., a Morgan Hill, Calif.-based provider of radio frequency identification technology, raised $38 million in Series F funding. Advanced Equities led the deal, and was joined by fellow new investors Lago Ventures Fund, Forsythe Technology, H&S Ventures and Manhattan Associates Inc.

The deal attracted 16 return backers, including Sevin Rosen Funds, Rho Ventures, New Enterprise Associates, CMEA Ventures, First Analysis, Equitek, Digital Bandwidth and Dow Chemical.

Alien has now raised about $125 million since its 1999 inception, including a $19 million Series E deal (including $1.7 million of convertible securities) in 2001 at a post-money valuation of approximately $200 million.