RADAR Raises a $30 Million Series A

Supply Chain
Written By Rick Watson

RADAR is the technology platform that combines RFID and computer vision technology to track and precisely locate in-store inventory with 99% accuracy.

Maybe RFID is cool again?  If there’s one technology that got way ahead of itself on the hype cycle, it’s RFID.  RADAR is attempting to rectify that.  Essentially, the goal of the company is to always allow a store to know where all their inventory is in real-time with the help of RFID.  It also seems like the company is offering a kind of just walk out technology similar to what Amazon pioneered.

Business Wire: RADAR Secures $30 Million in Series A Funding Round Led by Align Ventures

Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/
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