Ubimax Raises $6M in Funding

ubimaxUbimax, a Bremen, Germany-based provider of Wearable Computing solutions for desk-less workers, raised $6M in funding.

Backers included Atlantic Bridge and Westcott LLC. In conjunction with the new investment, Kevin Dillon, Managing Partner at Atlantic Bridge Capital, and Court Westcott representing the Westcott LLC, will join Ubimax’ Board of Directors.

The company intends to use the funds to further grow its existing U.S. business and to extend its market position from Europe to the American market.

Led by Hendrik Witt, CEO, Ubimax provides Industrial Wearable Computing solutions to improve business processes. Its Enterprise Wearable Computing Suite includes xPick for order picking, xMake for manufacturing and quality assurance processes, xInspect to support service and maintenance technicians and xAssist for remote assistance functionality.
With offices in Germany, the U.S. and Mexico, the company serves more than 100 customers.

FinSMEs

08/10/2016

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