Avatour, a San Francisco, California-based provider of remote collaboration platform for site meetings, raised $2.9 m in seed funding.
the round was led by Ulu Ventures with participation from Merus Capital, NTT Docomo Ventures, Plug & Play Ventures, and 500 Startups.
The company intends to use the funds to expand operations and its business reach.
Led by CEO and co-founder Devon Copley, Avatour provides a platform that combines real-world 360-degree capture, real-time communication, and optional VR/AR technology to immerse remote users in a location as if actually present. The cloud-based service utilizes a combination of proprietary software and off-the-shelf hardware to deploy virtual meetings for up to 20 live viewers per session.
Since its commercial release in March 2020, Avatour has enabled thousands of remote site meetings. Current customers include the FAA, Thermo Fisher, Kellogg’s, and Black & Veatch.