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Enterprise Tech Platform Scandit Closes $30 Million in Series B

Enterprise Tech Platform Scandit Closes $30 Million in Series B
Credit: scandit.com

Scandit, an enterprise technology platform for mobile computer vision, barcode scanning, and augmented reality, raised $30 million in Series B funding led by GV, with participation from NGP Capital and existing investor Atomico.

Scandit’s long-term vision is to bring the Internet of Things to everyday objects by harnessing smart devices and their commodity cameras as universal sensors through mobile computer vision and AR. Retail companies Sephora, Louis Vuitton, DHL, and Levi Strauss & Co., as well as transportation and logistics, manufacturing, and healthcare companies use Scandit’s technology to create mobile apps for workflows like mobile point of sale, mobile shopping, self-checkout, inventory management, and proof of delivery.

Scandit plans to use the funding to accelerate global expansion and further develop its mobile computer vision platform.