Venture Capital News: Raydiant Nabs $13M Series A Financing Round
2021-01-28
SAN FRANCISCO, CA, Raydiant has closed $13 million in Series A financing co-led by 8VC and Atomic.
Raydiant, the leading digital signage and experience platform provider, announced today that it has closed $13 million in Series A financing co-led by 8VC and Atomic. The new capital, which brings the company's total funding to $20M, will be used to invest in product development and expand Raydiant's go-to-market team. New service offerings will focus on bridging the gap between offline and online experiences and increasing productivity. Joining the round is American actor, producer, and businessman Mark Wahlberg, along with Delta Zulu, Gaingels and BN Capital by Lerer Hippeau.
Raydiant's Experience Management Platform enables organizations to build strong, long-lasting relationships with their employees and customers by helping them create memorable, interactive experiences both in-location and in the workplace. Their easy-to-use, plug-and-play, cloud-based solution empowers Raydiant customers to create, manage and scale experiences across 1 or 100,000 locations anytime, anywhere. Founded in April 2017, Raydiant is backed by notable investors, including Bloomberg Beta, Lerer Hippeau, Transmedia Capital, 8VC, Atomic Ventures, and Ron Conway. For more information, please visit https://raydiant.com
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