Raydiant raises funds

Raydiant raises funds

19 February 2022, Mumbai:

Raydiant, the leading in-location experience management platform for brick-and-mortar enterprises, has said that it has raised a $30 million Series B funding round led by 8VC and Atomic Ventures, with participation from Lerer Hippeau, Gaingels, Mark Wahlberg, Haveli, Illuminate Ventures, and XRC.

The funds will be used to continue innovating the company's product offerings through strategic acquisitions, as well as hire key team members to execute on Raydiant's go-to market strategy as the company moves up-market.

Raydiant raises $30mn Series B to reimagine In-Store experiences for brick  and mortars

ALSO READ  Virtual Fashion.Tech: Innovative and engaging Metaverse Networking Platform

"Raydiant was born as a digital signage company with a mission to modernise the brick-and-mortar tool stack so that brands can thrive in our new experience-driven world.

We've since evolved into a full-service platform powered by AI, and the leader in the in-location experience management space," said Bobby Marhamat, CEO at Raydiant.

 

Follow us on Linkedin & Youtube.

Subscribe to our daily e-newsletter.

*Figures mentioned in the above article have been sourced from Retail4growth article.

Author’s Posts