â€œAugmented reality for enterpriseâ€� 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 (nÃ©e 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 focused on weaning enterprises off of pricey proprietary scanning hardware â€” 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. â€œA number of data capture use cases for HoloLens come to mind,â€� the company wrote in a 2016 blog post. â€œFor 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.â€�
This latest round will go toward growing the company globally and introducing its technology across various mobile platforms or â€œany camera-equipped device,â€� as it puts it in a press release tied to the news.
â€œThis new funding will enable us to keep up our rapid growth, but also, looking at the bigger picture,â€� says CEO Samuel Mueller, â€œitâ€™s 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.â€�
Source: Techcrunch Disrupt