Red 6, a Santa Monica, CA-based Augmented Reality synthetic air combat training technology company, closed a $30M Series A funding at a $130M post cap valuation.
The round was led by existing investor Snowpoint ventures.
The company intends to use the funds to continue to expand operations and its business reach.
Founded in 2018 by Daniel Robinson, Glenn Snyder and Nick Bicanic, Red 6 is the creator of Airborne Tactical Augmented Reality System (ATARS), a wide field-of-view, full color demonstrably proven outdoor Augmented Reality solution that works in dynamic outdoor environments. The system allows Virtual and Constructive assets into the real-world by allowing pilots and ground operators to see synthetic threats in real-time, outdoors and critically, in high-speed environments.
FinSMEs
01/06/2021