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Insight Partners, a New-York based global venture capital and private equity firm, led a $55m Series C round in Radar, a geofencing platform, with participation from Accel, Two Sigma Ventures and Heavybit. "There's never been a better time and a bigger need to build location infrastructure. The pandemic accelerated adoption of location services in emerging use cases, like curbside pickup, delivery, and contactless check-in and payments, all of which require location awareness to succeed. Now, we’re on the cusp of mass adoption across many industries. Together with our valued partners, customers, and investors, we’re poised to power best-in-class, location-based experiences across every digital product and service," Nick Patrick, Radar CEO.
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