INSUBCONTINENT EXCLUSIVE:
&Augmented reality for enterprise& is the sort of phrase that surely hits all of the right neurological pleasure centers for VCs
No surprise, then, that Scandit just raised a $30 million Series B, in a round led by GV (née Google Ventures) and NGP Capital
That joins a previous $13 million raise for the Zurich-based startup
We highlighted the company back in early 2017
At the time, its mission was focused on weaning enterprises off of pricey proprietary scanning hardware — instead, its technology
leveraged standard smartphones with custom software on top
AR has also always been a key part of the Scandit picture.The company has focused on the Microsoft Hololens and other wearable displays as
ways to help streamline warehouses
&A number of data capture use cases for HoloLens come to mind,& the company wrote in a 2016 blog post
&For example, a warehouse associate with a HoloLens headset could be directed with virtual markers to the correct items
They could then use the built-in HoloLens camera for hands-free scanning
HoloLens could also indicate where an item should be placed once it is scanned, or deliver additional information about scanned
objects.&This latest round will go toward growing the company globally and introducing its technology across various mobile platforms or
&any camera-equipped device,& as it puts it in a press release tied to the news
&This new funding will enable us to keep up our rapid growth, but also, looking at the bigger picture,& says CEO Samuel Mueller, &it going
to increase the overall adoption of mobile computer vision and augmented reality in the enterprise, which will help to streamline operations
and lead to cost savings.&
