Based out of Zurich, Scandit is a technology platform for mobile computer vision and augmented reality (AR) solutions for enterprises. Recently, the company has announced it has raised $80 million (approx €73 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 (approx €39 million).
The Swiss company is planning to use the funding to accelerate growth in new markets such as APAC and Latin America, as well as expand Scandit’s footprint and operations in North America and Europe. Furthermore, part of this money will go to R&D to develop new ways enterprises can transform their core business processes using computer vision and AR.