Scope AR Secures $2 Million in Seed Funding to Accelerate Augmented Reality Adoption Among a Growing Industry

SAN FRANCISCO, July 15, 2016 /PRNewswire/ -- Scope AR, the creator of the first-ever true augmented reality smart instructions and live support video calling solutions, today announced it has raised $2M in seed funding. With participation from investors that include Susa Ventures, Presence Capital Fund and New Stack Ventures, the funding will primarily be used to further accelerate and scale the company's products – WorkLink and Remote AR – as well as expand its sales and support teams in the U.S., as well as internationally.

"It's an exciting time in the industry as technology platforms are quickly democratizing the use of AR - empowering organizations to easily create AR instructional content and change how they approach employee training and collaboration," said Scott Montgomerie, CEO and co-founder of Scope AR.  "As a result, the timeline in which augmented reality becomes more mainstream -- expanding beyond industrial use to consumer applications -- is rapidly shrinking, and we're looking forward to continuing to innovate our products to help lead the way in bringing live, ready-to-use AR solutions to the market."

Scope AR is revolutionizing video collaboration, procedural documentation and step-by-step instruction through the use of augmented reality for industrial applications. Leading enterprises such as Boeing, Toyota and Lockheed Martin are using the company's solutions to reduce downtime, lower costs, scale employees' expertise and improve knowledge retention.

"In a world where a doctor can perform telesurgery from hundreds of miles away, it makes no sense that a cooling system expert or airline engineer has to spend hours or even days traveling to a distant site to fix a simple equipment issue," said Leo Polovets, partner at Susa Ventures. "Scope AR's products enable an expert to share their knowledge with remote technicians without having to leave their desk, and are already being used for dozens of critical applications. They are the clear leader in the space and we've been impressed with their vision for how AR can be used to solve complex problems within an industrial context and beyond."

About Scope AR
Augmented reality (AR) company Scope AR is the creator of the first-ever true AR smart instructions and live support video calling solutions – WorkLink and Remote AR. The company provides the industry's most comprehensive set of tools to allow users to become their own experts, learning to assemble, repair or troubleshoot problems wherever they are. Whether training, performing complex fieldwork or remote tasks, or any number of assisted activities across vertical industries including industrial equipment manufacturing, aerospace, construction, utilities, oil and gas, automotive, consumer applications and more, Scope AR provides robust solutions for in-field support and performance tracking. The company's partners and users include Epson, Boeing, Toyota, Lockheed Martin, Honeywell and Sealed Air, among others. The company was founded in 2011 and is based in San Francisco with offices in Edmonton, Canada.

For more information go to www.scopear.com.

Media Contact:
Paul Brady
Carve Communications for Scope AR
Email: [email protected] 
Phone: 646-491-2777

SOURCE Scope AR

Related Links

http://www.scopear.com