American in-location experience management leader Raydiant chooses Lithuania for largest office outside US
Leading digital signage and in-location experience platform for brick-and-mortar, Raydiant, has announced the opening of a new location in Vilnius, Lithuania. The new Vilnius office will be their second largest location after their San Francisco headquarters.
Raydiant’s plug-and-play, cloud-based platform empowers enterprise organizations to create, manage, and scale digital signage experiences across hundreds of in-store locations. The company works with nearly 4,500 retail, e-commerce, and restaurant brands, including such well-known names as Red Bull, Harvard University, The Salvation Army, Chick-Fil-A, and Thomson Reuters.
Minister for Economy and Innovation of Lithuania, Aušrinė Armonaitė, congratulated the company’s decision to open a branch in Lithuania. „Technology sector is truly a thriving ecosystem in Lithuania, and Raydiant will strengthen it further with their passion for innovation and technology. We appreciate the trust the company has put in Lithuania and are eager to become Raydiant‘s home in Europe.“
Raydiant plans to onboard 70 new team members this year in their new Lithuania location, and increase that number to 130 in 2023. As part of their “Women in Tech” initiative, Raydiant will prioritize creating opportunities to attract, develop and retain more women candidates to create a more diverse workplace culture.
In addition to hiring, Raydiant’s expansion will also introduce their advanced in-location experience technology — designed to elevate the customer’s in-store experience for improved revenue and repeat business — to the European marketplace. This move will be part of their larger expansion project for 2022.
“We’re thrilled to be bringing Raydiant’s proven technology to the global marketplace,” said Marhamat. “Our new location in Lithuania will be the first step in introducing European brick and mortars to Raydiant’s comprehensive experience platform.”
The news of Raydiant’s new office in Vilnius comes in the wake of the brand securing $30M in Series B funding, and acquiring AI analytics firm, Sightcorp. Along with expanding to a more global market and bringing in top talent, Raydiant will also add 500 apps to their third-party marketplace through strategic partnerships with industry leaders.
According to Elijus Čivilis, General Manager of Invest Lithuania, Raydiant choosing Lithuania for its biggest European hub is a great endorsement of the country’s tech ecosystem. “Lithuania’s top-notch ICT talent will be a great asset to a fast-growing company that seeks to revolutionise in-store experiences.”
About Raydiant
Raydiant is the AI-powered, in-location experience management platform of choice for the world’s largest brands in retail, e-commerce, restaurants, and more. With Raydiant, business owners and managers can more effectively scale their operations, reduce anxiety from outdated technology oversight, and seamlessly create a more meaningful and personalized in-store experience that keeps customers coming back and buying more.
Raydiant works with nearly 4,500 brands, including First Bank, Dickey’s BBQ, Harvard University, The Salvation Army, Red Bull, Chick-Fil-A, Thomson Reuters, and Wahlburgers. Founded in April 2017, Raydiant is headquartered in San Francisco, California and has raised a total of $50 million from 8VC, Atomic Ventures, Lerer Hippeau, Broom Ventures, Mark Wahlberg Investments, Expanding Capital, Bloomberg Beta, Gaingels, Illuminate Ventures, Beaconsfield Ventures, Transmedia Capital, West Ventures, XRC, and Ron Conway.
