Tech Company Financing Transactions
RaySecur Funding Round
RaySecur, operating out of Cambridge, raised $13 million in funding from Outsiders Fund, DreamIt Health and Johnson Controls.
Transaction Overview
Company Name
Announced On
9/27/2021
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Series A
Investors
Outsiders Fund (Lead Investor)
One Way Ventures (Semyon Dukach)
Proceeds Purpose
The company intends to use the funds to accelerate market adoption of its patented mmWave imaging technology and amplify growth within the mail and package security sector and expand its mail screening-as-a-service solutions enabled by MailSecur including AI threat detection and EODSecur.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
49 Bay State Rd.
Cambridge, MA 02138
USA
Cambridge, MA 02138
USA
Phone
Website
Email Address
Overview
RaySecur is revolutionizing security imaging with the world's first, scalable terahertz scanners and remote analysis and threat detection solutions. RaySecur's systems are used by Fortune 500 companies and government organizations around the world to keep their people and critical assets safe.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alex Sappok
Chief Financial Officer
John Vaillancourt
Chief Information Officer
William Plummer
Chief Operating Officer
Eric Giroux
VP - Bus. Development
Richard Shatilla
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