RaySecur Inc., a Cambridge, MA-based developer of 3D desktop scanners for the safe detection of concealed and potentially dangerous items, closed a $3M seed funding round.
The round was led by One Way Ventures with participation from Junson Capital, Launchpad Venture Group, Dreamit Ventures and others.
The company intends to use the funds to scale within key market verticals and accelerate its growth strategy.
Led by CEO Alexander Sappok, Ph.D., and Founder and co-inventor Eric Giroux, RaySecur ias advancing imaging technology which provides the ability to “see inside” packages and other items in real-time using terahertz or T-ray imaging.
Originally developed for defense and space applications, the company’s flagship product, MailSecur™, is a desktop-sized scanner used by Fortune 500 companies and governments to detect threats in the mail. All MailSecur scanners are connected devices with 24/7 expert remote support through a partnership with the EOD Warrior Foundation, providing clients with real-time access to the world’s leading threat experts on demand.
FinSMEs
06/12/2019