GV leads $30 million investment in Scandit to bring AR and computer vision to mobile barcode scanning
Summary
Scandit, a Swiss barcode scanning platform for mobile enterprise apps, has raised $30 million in a series B round of funding led by Alphabet’s venture capital (VC) arm GV. Founded in 2009 by a group of Ph.D. graduates from MIT, IBM Research, and ETH Zurich, Scandit provides businesses with scanning software that can be integrated into any app and which works on any device including smartphones, tablets, and wearables. Its software development kit (SDK) also offers additional smarts, such as an augmented reality (AR) feature that superimposes product information onto physical goods through the user’s screen. “This new funding will enable us to keep up our rapid growth, but also, looking at the bigger picture, it’s going to increase the overall adoption of mobile computer vision and augmented reality in the enterprise, which will help to streamline operations and lead to cost savings,” noted Scandit CEO Samuel Mueller. “Combined with the technical strength of the founding team, Scandit’s mobile data capture platform is well-positioned to shape how enterprises and consumers interact with everyday objects and augmented reality.”
Classifications
AskAI Classifications
LabelsLinked Companies
