Westwood Massachusetts based RaySecur is raising $13,282,720.00 in New Equity Investment.
Westwood, MA – According to filings with the U.S. Securities and Exchange Commission, RaySecur is raising $13,282,720.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Alexander Sappok played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About RaySecur
RaySecur has developed breakthrough imaging technology based on millimeter waves. Our MailSecur systems provide real-time, 3D imaging to detect even the smallest threats a vast improvement over traditional static 2D X-ray scanning. The United States Department of Homeland Security (DHS) has designated MailSecur as a Qualified Anti-Terrorism Technology (QATT). RaySecur is the first manufacturer of dedicated mail security scanners to receive official designation as a Qualified Anti-Terrorism Technology (QATT) under the United States SAFETY Act. Seeing inside of items, whether to detect concealed threats at a security checkpoint or hidden defects on a manufacturing line, has long been limited due to the cost, complexity, and radiation safety concerns of X-ray systems. RaySecur is here to change that with real-time 3D scanners that can be used by anyone, anywhere, with safe mmWave imaging technology. Our mission is to secure your people, your assets, and your bottom line. Seeing is how we perceive the world around us, yet every day hidden threats and defects go unseen and undetected until its too late and very expensive. At RaySecur were on a mission to change that by developing game-changing imaging technology to answer two key questions: What if seeing inside of an item could be as easy as seeing the outside? What if X-ray-like vision could be available to anyone without any harmful X-rays? Since launching the worlds first desktop scanners to safely see inside of everyday items, we’ve changed the paradigm, providing the ability to see hidden threats and defects before they become a problem. Our imaging solutions are now keeping businesses and their people safe and productive, avoiding high costs associated with preventable events. And we wont stop innovating until seeing what’s inside becomes as commonplace as seeing the outside.
To learn more about RaySecur, visit http://raysecur.com/
Contact:
Alexander Sappok, Chief Executive Officer
844-729-7328
asappok@raysecur.com
https://www.linkedin.com/in/sappok/
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