Funding

APX Labs raises $13M in Series B 

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What does APX Labs do?

APX Labs, is a developer of the Skylight platform for enterprise wearable technology. It builds the software which brings smart glasses to life. The company builds the software which brings glasses to life. The story of the company began in 2010 when it created software which provides the US Military a “Terminator Vision”. The software company has built enables soldiers for scanning crowds, identifying faces, clicking a picture, sending it over the network, making a biometric match and then presenting the results in just seconds on see through smart glasses. It is a stand out among the innovative companies using software for transforming the industrial world.

How much APX Labs was funded?

APX Labs raised $13M in Series B funding on November 18th, 2015 from New Enterprise Associates, Salesforce Ventures, SineWave Ventures, CNF Investments, LLC and GE Ventures.

Previous funding

  • Undisclosed amount on April 2, 2014
  • $15.61M in Series A on May 22, 2014 from New Enterprise Associates and Work-Bench

What is next for APX Labs?

APX Labs has raised a total of $29M to date. The company is doing pilot trials of Skylight and is excited about the potential it has to impact and transform the total industrial sectors.

More about APX Labs

APX Labs was founded in 2010 byCraig Cummings, Brian Ballard, Jeffrey Jenkins and Chris Hoyt. It has its headquarters in Herndon, VA. The company’s Skylight product helps people to do important hands on jobs using a range of wearable devices. Using Skylight the company has  realized significant operational benefits, including improved efficiency in processing, higher production quality, less downtime and lower costs. Many large organizations in the world use Skylight. Since 2010 the company has been the market leader in developing wearable technology  for hands on workforce. Skylight works on many types of device and integrates with existing business systems.

 

 

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