Automaton Inc. dba Radar has filed a notice of an exempt offering of securities to raise $30,000,000.00 in New Debt Financing.
According to filings with the U.S. Securities and Exchange Commission, Automaton Inc. dba Radar is raising $30,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Spencer Hewett 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 Automaton Inc. dba Radar
RADAR is a platform that combines RFID and computer vision to automate and augment retail store processes. Our technology offers unprecedented speed and location accuracy, which allows stores to: 1) Manage inventory efficiently, through automated inventory counts, improved in-store replenishment and instantaneous customer stock checks 2) Measure all customer-product interactions, giving physical stores the same insight into consumer behavior and product performance as online stores. 3) Eliminate checkout lines altogether through our autonomous checkout tool.
To learn more about Automaton Inc. dba Radar, visit http://goradar.com/
Contact:
Spencer Hewett, Chief Executive Officer
212-350-5607
https://www.linkedin.com/in/spencerhewett/
SOURCE: http://www.intelligence360.io
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