Atheer raises $14M in Series B

What does Atheer do?

Atheer, is the pioneer of augmented interactive reality computing. This smart glasses platform is designed for enhancing the productivity and safety of deskless professionals at the Fortune 1000 companies. This platform consists of AiR Glasses, which is the world’s most interactive 3D smart glasses, The Android based AiR OS, AiR Enterprise Suite which is cloud based collaboration centric. AiR Glasses helps users in viewing critical work information right in their field of view and interact with it using familiar gestures, motion tracking and voice commands. With this enterprise suite, users can collaborate with remote experts through video calls and receive guidance through real time image annotations for increasing efficiency, everything while maintaining the focus on the task at hand. Companies and developers globally are leveraging on this platform and its open AiR Software Developer Kit for creating enterprise apps and workflows for high value tasks in energy, industrial, healthcare, construction, insurance and logistics industries.

How much Atheer was funded?

Atheer raised $14M in Series B on December 17, 2015 from RONAholdings, Shanda Group, FundersClub, Streamlined Ventures, Fang Group Company and Signatures Capital.

Previous funding

• Undisclosed amount in undisclosed round on July 2, 2014 from Flex Lab IX, Signatures Capital, Bobby Yazdani, FundersClub and Sherpa Capital.
• $9.06M in Series B on August 3, 2015 from Streamlined Ventures

What is next for Atheer?

The company’s latest funding will increase its go to market activities and customer deployment of the newly unveiled augmented reality AiR Glasses and the collaboration centric AiR Suite for enterprise all around the world. The company has also revealed the opening of its store online for the pre-order of AiR glasses which cost $3950 and subscription based AiR Suite available for a monthly fee of $50 per user. Michael Patsalos-Fox, CEO of Stroz Friedberg will join as the company’s adviser and Joe Kiani of Masimo has joined the company’s board of directors.

More about Atheer

Atheer was founded in 2011 by Soulaiman Itani.