Raydiant, a San Francisco, CA-based cloud, dynamic display platform for businesses to centrally deploy and manage applications across many screens, raised $7M in financing.
The round was led by 8VC with participation from Atomic, Bloomberg Beta, Lerer Hippeau, SV Angel and Transmedia Capital.
The company intends to use the funds to develop additional product features including new apps, enterprise features, and rich content offerings, to advance strategic partnerships, and to grow the team.
Founded in 2017 by Tuan Ho with venture studio Atomic and led by Bobby Marhamat, CEO, Raydiant is a hardware and subscription service that runs on a simple HDMI device that plugs into any TV and gives businesses access to an entire ecosystem of customer and employee-facing commercial screen applications.
The service requires an Internet connection to operate and runs on any screen with an HDMI port.
The company has built a rich application platform that offers videoconferencing (with BlueJeans), rich drag-and-drop content editing (with PosterMyWall), unified digital menu management (with SinglePlatform) and fully-licensed B2B music (with Soundtrack Your Brand).