Atheer Closes $14 Million Series B Funding

by Sean 653 views0

Atheer, the company behind the new AiR™ (Augmented interactive Reality™) computing platform, today announced that it has closed a $14 million Series B funding round led by Signatures Capital and Streamlined Ventures and are joined by new and existing investors including Fang Group, Shanda Group, FundersClub and RONA Holdings.

According to their latest press release:

“The funding will accelerate Atheer’s go-to-market activities and global customer deployment of the newly unveiled augmented reality AiR™ Glasses and the collaboration-centric AiR™ Suite for Enterprise. Today, the company also revealed the opening of its online store for pre-orders of AiR Glasses, priced at $3,950 and the subscription-based AiR Suite available for $50 per user per month. Further, Joe Kiani, CEO of Masimo, has joined Atheer’s board of directors and Michael Patsalos-Fox, CEO of Stroz Friedberg and the former Chairman of the Americas for McKinsey & Company, will join as an advisor.”

This news builds on the recent announcements of Atheer’s first acquisition of gesture recognition software provider ONtheGO Platforms and its new partnership with remote screen sharing and online collaboration software provider TeamViewer.

Atheer recently opened up preorders for their upcoming AiR™ Glasses which will be shipping in Q1 2016. The device is priced at $3950 & comes with a 6 month AiR Suite for Enterprise subscription.

Sean

Sean Earley is the Executive Editor of AR/VR Magazine, Virtual Reality Consultant at INSCALE, an author, blogger, musician, artist and virtual reality freak. He Loves coffee, guitars and making cool stuff.

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