Tech Company Financing Transactions
Focal Systems Funding Round
Focal Systems secured a $25.8 million Series B funding round on 1/6/2022. Investors included Point72 Ventures, Costanoa Venture Capital and private investors.
Transaction Overview
Company Name
Announced On
1/6/2022
Transaction Type
Venture Equity
Amount
$25,800,000
Round
Series B
Investors
Proceeds Purpose
The company will use the new funds to continue its growth and innovation with their AI-powered retail automation solutions, as well as expand its global sales and technical teams.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1300 Old Bayshore Hwy. 255
Burlingame, CA 94010
USA
Burlingame, CA 94010
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
A Focal retailer operates smarter stores through AI enabled decision making that drive optimized tasks and actionable alerts to streamline operations and deliver an improved customer experience. Focal is working with leading retailers around the world to implement AI solutions that deliver financial returns and happy customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Francois Chaubard
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