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Scandit Raises $80M Led by G2VP to Digitally Transform Traditional Industries Through Computer Vision and Augmented Reality

May 26, 2020•about 5 years ago

Amount Raised

$80 Million

ZurichSoftware

Description

Scandit, the leading technology platform for mobile computer vision and augmented reality (AR) solutions for enterprises, today announced it has raised $80 million in Series C related funding led by G2VP, a Silicon Valley venture capital firm of former Kleiner Perkins partners. They were joined by Atomico, GV, Kreos, NGP Capital, Salesforce Ventures and Swisscom Ventures. Scandit has previously raised $43 million.

Company Information

Company

Scandit

Location

Zurich, Zurich, Switzerland

About

Scandit is the leader in smart data capture giving superpowers to workers, customers and businesses by providing actionable insights and automating end-to-end processes. Our Smart Data Capture platform enables smart devices, such as smartphones, drones, digital eyewear and robots to interact with physical items by capturing data from barcodes, text, IDs and objects with unmatched speed, accuracy and intelligence. Scandit accurately scans up to 3x faster than dedicated scanners in challenging light or at angles, on damaged labels, across multiple codes on any smart device.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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