APX Labs Closes $10M Series A Funding

APX Labs, a Herndon, Virginia-based developer of an enterprise smart glasses platform, closed a $10m Series A funding.

The round was led New Enteprise Associates. In conjunction with the funding, Peter Barris and Dayna Grayson of NEA will join the company’s board of directors.

The company, which has now raised $15.8m, intends to use the funds to sign new customers and continue to develop the solution.

Led by Brian Ballard, CEO, APX Labs provides Skylight, an enterprise software platform to build applications for smart glasses, which works with multiple types of devices such as Google Glass and Epson Moverio, and integrates with existing enterprise systems including those from SAP, Microsoft and others.
The company has just launched Skylight 2.0, which includes enhanced functionality such as:
– Telestration, which provides the user with contextual and visual feedback from a remote supervisor or expert to help them do their task at hand.
– Beacons, which guide the user toward a specific location or object.
– the “Radar” widget, a media panel instrument, which shows the location of points relative to the user.
The solution is currently used in a variety of Fortune 500 companies from energy, healthcare, logistics, manufacturing, media and oil and gas sectors.

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