Scope AR Raises $2 Million Seed Round

CNAQ-PicBy Dean Takahashi

 

Scope AR has raised $2 million in a seed round of funding to expand its enterprise platform for augmented reality. The money came from Susa Ventures, Presence Capital Fund, and New Stack Ventures. AR has been seen as a more distant opportunity than virtual reality, which has been boosted by gaming. But in the long run, AR is expected to be a $90 billion market by 2020, compared to $30 billion for VR, based on estimates by Digi-Capital, a tech advisory firm.

Scope is not making games or Pokémon Go apps. But the company has several big customers on board, like Boeing, Lockheed Martin, and Honeywell.

Read the Full Article on Venture Beat

 

Post Your Thoughts

Related Posts
extraSlice partners with Seattle chapter of TiE Angels to Bring Investors and Entrepreneurs together

extraSlice partners with Seattle chapter of TiE Angels to Bring Investors and Entrepreneurs together

Building an Ecosystem By Nick Stacey Bellevue, WA -- January 13th, 2017 -- Moving  forward…

Apple turns to the “dark side” of data

Apple turns to the “dark side” of data

By Tian DuBelko Apple is turning to the dark side of data with its latest…

The Main Challenges Faced by Startups

The Main Challenges Faced by Startups

The time is ripe to start your business. There are several stories of successful entrepreneurs…

Close

Book a Tour

Would you like to see our space before joining? Come and visit our coworking space. Please fill out the form and our manager will get back asap.