Page 66 - Vayyar in the News 1

huge challenge. He says Vayyor has the ability to notify the caregiver immediately when these things happen in order to help create a smart (safer) home. And in the privacy area, each person’s privacy is maintained since Vayyar doesn’t produce a picture of the person - only a radar image.
"Another example is irrigation. Imagine being able to stop irrigation in fields when the water got to the lowest roots? For example, Vayyar’s technology could prove helpful in managing and conserving water for California’s current four-year drought to ensure crops are not over watered," adds Melamed.
According to Bob Goodman, Partner, Bessemer Venture Partners, one of the Series A and Series B investors, they felt Vayyar's potential was so huge it was a bit hard to capture.
"Even in 2012, Vayyar offered a disruptive technology addressing a billion dollar market opportunity," said Goodman. "Describing its (Vayyar's) many use cases—from detecting breast cancer, to monitoring food safety, even assessing the alcohol content of beer—makes Vayyar’s technology sound too magical to believe: it’s a little like fairy dust."
But that didn't stop Bessemer from investing a total of $10 million to date in the company both a Series A and B round. Vayyar recently raised another $22 million in a Series B round led by Walden Riverwood, bringing Vayyar's funding to $34 million.
Vayyar will be at CES 2016, Jan 6-9, 2016 in Las Vegas.