Alphabet Backs Augmented Reality Platform Company
Scandit, a technology company that develops mobile computer vision, barcode scanning and augmented reality, has raised $30 million in Series B funding led by Alphabet’s GV, formerly Google Ventures.
The company, which previously raised $13 million, plans to use the new funds to accelerate global expansion and further develop its mobile computer vision platform.
Scandit’s technology enables the capturing and decoding of text, object and other visual identifiers using wearables, drones, robots or stationary cameras, allowing the identification and tracking of everyday objects, which then can be identified via augmented reality.
Brands using the technology include Sephora, Louis Vuitton, DHL and Levi Strauss & Co.
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