Radar raises $16 million to automate inventory management with RFID and computer vision

Radar, a fledgling platform that combines radio frequency identification (RFID) with computer vision to help retailers automate inventory management and more, announced that it has raised $16 million in a round of funding from Ashton Kutcher’s Sound Ventures, NTT Docomo Ventures, Align Ventures, Beanstalk Ventures, Colle Capital, Founders Fund Pathfinder, and Novel TMT. The company said that a couple of its stealth customers — two undisclosed billion-dollar retailers — also invested in the round.