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Wakingapp, Provider of an Augmented Reality (AR) Toolset, Announces a New Round of Funding

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WakingApp, provider of an Augmented Reality (AR) toolset that enables professionals to rapidly and easily create AR experiences, announced that it has secured $2.6M in funding led by Globis Capital Partners. This is in addition to the $9.5M in capital raised during their 5-year history.

“This injection of funds will help further our reach in the AR market through investments in our sales & marketing programs.”

CEO, Matan Libis said, “This injection of funds will help further our reach in the AR market through investments in our sales & marketing programs.”

Read More: Introducing Project Verte: Unlocking the Potential of Community and Technology in Ecommerce

This coming on the heels of Vuzix’s signing last month of a multi-year strategic partnership with WakingApp. In addition to Vuzix also participating in the recent funding round, WakingApp will support Vuzix’s augmented reality (AR) Smart Glasses products, and Vuzix will distribute copies of limited term licenses of the ENTiTi AR Creator platform to Vuzix developers and customers.

Read More: Interview with Jesse Wolfersberger, Chief Data Officer at Maritz Motivation Solutions

Based in Tel Aviv and founded in 2013, WakingApp’s suite of technologies is designed to enable businesses to create augmented reality (AR) experiences, providing white-label solutions and native app integration. WakingApp’s platform, which is being used by thousands of designers and developers enables them to integrate content into existing mobile apps, create stand-alone AR apps, and update their content immediately, without submitting a new app to the App stores. WakingApp’s technologies and platform are used for training, advertising, healthcare, and the automotive industry.

Read More: Wind River Teams With Renesas to Advance Autonomous Driving Applications

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