San Francisco California based Raydiant is raising $25,000,000.00 in New Equity Investment.
San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Raydiant is raising $25,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Bobby Marhamat 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 Raydiant
Raydiant is the in-location experience management platform of choice for the worlds largest brands in retail, e-commerce, restaurants, and more. The platform empowers organizations to create personalized and meaningful end-to-end content experiences that help foster higher engagement from consumers and employee staff, which in-turn increases revenue for clients. Raydiants plug-and-play, cloud-based solution empowers customers to create, manage, and scale on-screen experiences across 1 or 100,000 locations, saving them time, resources, and logistical headache. The company works with more than 3,500 brands including First Bank, Dickeys BBQ, Harvard University, The Salvation Army, Red Bull, Chick-Fil-A, Thomson Reuters, as well as the U.S. gourmet burger chain Wahlburgers, owned by Raydiant investor Mark Wahlberg and family. Raydiant acquired Hoopla in 2021 to enable people-first workplaces to broadcast performance updates, recognize wins and share successes to unify communications across their hybrid or remote workplaces. The additional acquisition of Sightcorp in 2021 enables customers to receive anonymous in-store screen engagement analytics on dwell times, viewers, and impressions to help brands increase sales and deliver optimized content while maintaining consumer privacy. .
To learn more about Raydiant, visit http://www.raydiant.com/
Contact:
Bobby Marhamat, Chief Executive Officer
415-271-1270
bobby@raydiant.com
https://www.linkedin.com/in/bobbymarhamat/
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