Atheer, the pioneering company of the new AiRTM (Augmented Interactive RealityTM) computing platform, today announced the closure of the $14 million Series B funding round led by Signatures Capital and Streamlined Ventures and the addition of new and existing investors, including Fang Group, Shanda Group, FundersClub and RONA Holdings. Funding will accelerate Atheer’s go-to-market activities and the global deployment of newly unveiled augmented reality AiRTM Glasses and the collaborative AiRTM Suite for Enterprise. Today, the company also announced the opening of its online store for AiR Glasses pre-orders, priced at $3,950, and a subscription-based AiR Suite available at $50 per user per month. In addition, Joe Kiani, CEO of Masimo, has joined the Board of Directors of Atheer and Michael Patsalos-Fox, CEO of Stroz Friedberg and former President of the Americas of McKinsey & Company, will join the Board of Directors. This news builds on Atheer’s recent announcements of the first acquisition of ONtheGO Platforms Geste Recognition Software Provider and its new partnership with TeamViewer, a remote screen sharing and online collaboration software provider.
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‘Smart glasses based on AiR computing and augmented reality are on the road to becoming a $100B+ industry. We are excited about a strong investor confidence in our vision for the industry, our team and the growing customer base for the AiR platform,” said Alberto Torres, CEO of Atheer. ‘I’m also pleased that Joe and Michael are coming on board at a crucial juncture in our growth story. Joe’s experience of growing an innovative technology company like Masimo into a powerhouse, and Michael’s out-of-the-box thinking of transforming Fortune 100 companies will be huge assets for Atheer. ”
‘Atheer’s AiR computing platform is a radical step forward for health and medical professionals due to its rich information display and touch-free gesture interaction,’ said Joe Kiani, CEO of Masimo. ‘I am thrilled to join the Atheer Board and guide this innovative technology so that in the future AiR can empower clinicians to provide higher quality patient care. ”
‘Increased reality and smart glasses are sure to transform the way global organizations boost labor productivity. Atheer already delivers on this promise through a practical smart glass solution including natural interaction, remote collaboration and the ubiquity of the Android app ecosystem,” said Michael Patsalos-Fox, CEO of Stroz Friedberg. ‘As a consultant, I look forward to working actively with the team to roll out this hands-free mobile computing platform to Fortune 100 companies. ”
In today’s business landscape, companies have estimated 110 million deskless professionals looking to solve problems quickly while keeping a focus on the task at hand. AiR computing enables deskless professionals to view and interact with critical work information in their field of view using familiar gestures, voice commands, and motion tracking. It overlays digital content without interrupting the workflow and provides free access to friction. Select Atheer’s customers and partners include Dassault Systemes, Flex, KPIT, Masimo, Optech4D, TeamViewer, Zurich Insurance Company, Lumus and NVIDIA.
In November, the company announced its new AiR Glasses and AiR Suite for Enterprise, a cloud-based management and task flow interaction solution. Now, Atheer has opened its online store and for a limited time, customers who pre-order AiR Glasses, priced at $3,950, will also receive a free 6-month subscription to the AiR Suite, valued at $300.
Atheer, About
Atheer is a pioneer in AiRTM (Augmented Interactive Reality) computing designed to enhance the productivity and safety of deskless professionals at Fortune 1000 companies. The award-winning Atheer AiR platform combines the power of immersive augmented reality with smart gesture, voice and head-motion interactions as well as rich-media real-time collaboration, all on a mobile smart glass platform. Using AiR glasses allows viewing rich information critical to workflows, interacting with information naturally, and collaborating with remote peers as never before-without the need to hold any device in place. Using Android-based AiR OS and collaborative AiR Suite, developers and companies around the world are creating next-generation enterprise productivity applications and workflows to empower the 21st century workforce. The company is based in Mountain View, CA and is supported by prominent investors, including Bobby Yazdani, Founder and Managing Partner of Cota Capital and Signatures Capital, and Farzad Naimi, Co-Founder & Managing Partner, RONA Holdings. Visit http://www for more information. Atheirair Come, follow us on Twitter and LinkedIn, and follow us on Facebook.
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