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How This Under 30 Startup Has $104 Million To Supercharge Holiday Sales [Forbes]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Under 30 Retail & Ecommerce lister Spencer Hewett's retail technology company Radar is gearing up for the busy holiday season. The startup, which creates sensors that are installed on store ceilings to monitor where any item is at a given time, closed a $38 million follow-on fundraising round this fall , bringing their total funding to $104 million. Founded in 2017, Radar helps store associates to locate items and to more accurately determine inventory levels store-wide. While many retail stores today require employees to walk the floor and manually scan individual barcodes or wand over piles of clothing or inventory trucks to identify where items are at that moment in time, Radar's proprietary RFID (radio frequency identification) ceiling sensors automatically track exact positions of products in real-time. “Any time items are moving, we're picking up the position,” says Hewett, who studied computer engineering at Washington University in St. Louis before dropping out to pursue
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- NVIDIA Co. (NASDAQ: NVDA) had its price target raised by analysts at DA Davidson from $90.00 to $135.00. They now have a "neutral" rating on the stock.[MarketBeat]
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- Phil Panaro Is Bullish, Highlights Key Drivers for Nvidia's (NVDA) Path to $800 [Yahoo! Finance][Yahoo! Finance]
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