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Stockreport

How This Under 30 Startup Has $104 Million To Supercharge Holiday Sales [Forbes]

NVIDIA Corporation (NVDA)  More Company Research Source: Forbes
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
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 [Read more]

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Stockreport

How This Under 30 Startup Has $104 Million To Supercharge Holiday Sales [Forbes]

NVIDIA Corporation  (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
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 [Read more]

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NVDA
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
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Multi-day stock performance from the time of the news release
LAST PRICE
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POST NEWS RANGE
%
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