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Venture Capital News: Focal Systems Raises $25.8M in Series B Funding

SAN FRANCISCO, CA, Focal Systems, a retail automation startup, closed a $25.8m Series B financing round led by Point72 Ventures.
Focal Systems, a leader in retail automation, closed a $25.8m Series B financing round, led by Point72 Ventures, and joined by existing investors Costanoa, Zetta, and Zebra Technologies, among others.

Focal Systems is rolling out with the largest retailers in the world, including Walmart, to rip and replace legacy Sales-based Perpetual Inventory (PI) systems with a first of its kind, real-time, accurate, and low-cost Computer Vision-based PI system that digitizes and transforms stores.
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