RADAR, a software and hardware platform that combines RFID and computer vision to track and locate in-store goods with 99% accuracy, announced it has raised $30 million in Series A funding, increasing its total funding to $63 million. RX Ventures, the corporate venture capital fund of South American retailer Lojas Renner, and several other retail investors participated in the round which was led by returning investor Align Ventures.
RADAR Secures $30 Million in Series A Funding Round Led by Align Ventures