Scope AR Closes $9.7M Series A Funding Round

scopearScope AR, a San Francisco, CA-based provider of enterprise-class augmented reality (AR) solutions, secured a $9.7m Series A funding.

The round, which has a raised a total of $15.8m, was led by Romulus Capital, with participation from existing investors SignalFire, Susa Ventures, Haystack, New Stack Ventures, North American Corporation and Angel List. In conjunction with the funding, Krishna Gupta of Romulus Capital and Wayne Hu from SignalFire will join Scope AR’s Board of Directors.

The company intends to use the funds to further scale and expand enterprise AR adoption.

Founded in 2011 by Scott Montgomerie, CEO, Scope AR is advancing enterprise-class augmented reality solutions, delivering cross-platform AR tools for getting workers the knowledge they need, when they need it. The company’s AR tools provide knowledge-sharing to conduct complex remote tasks, employee training, product and equipment assembly, maintenance and repair, field and customer support, and more. Its device-agnostic technology supports smartphones, tablets and wearables, enabling organizations like Boeing, Toyota, Lockheed Martin, Honeywell, Assa Abloy, GE and others to scale their use of AR to any remote worker.
Scope AR has offices in Edmonton, Canada.

FinSMEs

20/03/2019

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