The Tel Aviv-based Vayyar Imaging, the 3D imaging sensor company whose technology makes it possible to see through objects, has closed a $45 million Series C financing round co-led by Walden Riverwood and ITI with additional funding from Claltech and follow-on investment from Battery Ventures, Bessemer Ventures, Israel Cleantech Ventures, and Amiti, bringing total capital raised to date to $79 million USD.
Vayyar’s sensors create a 3D image of everything happening around you in realtime, without the use of a camera. These sensors can see through solid objects, map large areas and can be used in privacy-sensitive locations where optics cannot. Providing a look beyond human vision, Vayyar’s sensors have expanded across industry sectors, including smart home, automotive, retail, robotics, medical, construction, agriculture and more. Vayyar’s mission is to help people worldwide improve their health, safety, and quality of life. Because of the high demand for Vayyar’s technology by a wide range of industries, the company and its investors predict the need for the company to rapidly scale non-linear growth opportunities.
Probably Vyayar imaging technology is being used by IDF to detect Hamas tunnels stretching out into Israel territory (a pure guessing game on our account).
Vayyar will demonstrate its latest automotive and smart home sensors, which provide 360 indoor and outdoor sensing, at the 2018 Consumer Electronics Show in Las Vegas, January 9-12.