San Francisco-based Scope AR has secured $9.7 million in funding to pursue further scale and expand adoption of its enterprise augmented reality (AR) solutions.
The funding round was led by Romulus Capital, with participation from existing investors SignalFire, Susa Ventures, Haystack, New Stack Ventures, North American Corporation and Angel List.
Krishna Gupta of Romulus Capital and Wayne Hu of SignalFire have joined Scope AR’s board of directors following the funding round.
Scott Montgomerie, chief executive officer and co-founder of Scope AR, welcomed the new investment: “We are thrilled to have the support of our new and existing investors to accelerate our growth and development during a crucial inflection point in the market.”
“It underscores, yet again, that enterprise AR is a leading driver within mixed reality thanks to the impressive ROI and growing list of use cases the technology enables.”
Scope AR has raised a total of $15.8 million since its launch in 2011. The company has customers in the aerospace, consumer packaged goods and manufacturing industries, including Lockheed Martin, Unilever and Prince Castlehave.
“Enterprises are now realising that leveraging AR and other agile, remote software solutions can be the answer to many operational challenges they have always faced—from closing the growing skills gap to reducing downtime,” said Gupta, founder and general partner of Romulus Capital.
“Scope AR’s product leadership and vision has put them at the forefront of the industry, addressing these challenges with tools that provide workers with instant access to critical information that helps resolve operational issues in an agile and accurate manner. We’re excited about their product roadmap and growth opportunities as we work more closely with some of the largest enterprises in the world.”
What does Scope AR do?
Worklink enables organisations to easily smart instructions. The platform allows users with no prior coding knowledge to create rich, engaging, AR smart instructions that automatically collect data, provide actionable insights, and can be deployed globally through an app.
The platform, available on iOS, Android and Microsoft HoloLens, is previewed with this last device in the video below:
Remote AR enables remote workers to collaborate with information experts through AR. Experts can view exactly what a remote worker is seeing and share their knowledge as if they were standing there on site.
Connection and collaboration is achieved through live video, audio and an annotation toolset that is augmented onto the real world.
Users can place annotations and three-dimensional content that stay locked onto the real world, giving rich context and eliminating confusion. See the application in action in the video below: