Wearable Tech World Feature Article
September 22, 2014

Augmate Gets Seed Funding to Develop Enterprise Applications for Smart Eyewear

Although many individuals are intrigued by Google Glass, there are probably many more people that don't see the average person wearing these glasses every day, which is why applications for the enterprise makes more sense at the moment. If properly integrated, this technology can introduce new levels of efficiency, productivity and safety that can save organizations large amounts of money across the board. One of the companies looking to capitalize on this wearable is Augmate, a wearable-technology software startup that specializes in the development and deployment of enterprise applications for smart eyewear. The New York City-based startup announced it has raised $2.8 million in seed funding to further its goals.

The round was led by Tim Draper, with participation from UPS Ventures, Siemens Venture Capital, Simon Venture Group, Rothenberg Ventures, Excell Partners, Camp One Ventures, FP Angels, and a consortium of angel investors.

The company is going to use the investment it received to market its wearable technology to enterprise customers with developer tools through a device agnostic software development kit and a data visualization platform. The Google Glass has seen an incredible amount of adoption by industries across all fields this includes surgeons performing live operations in the healthcare industry, manufacturers, logistics, warehousing and many more.

In addition to supplying the development tools for wearable devices, Augmate has also established a consulting practice called InnoVision to provide organizations with the knowledge base to determine how this technology can be applied in real-world environments for their particular needs.

“We’re here to help them realize the inherent benefits of wearable technology by providing enterprise applications designed for smart eyewear, powered by the intelligence of sensors within the workplace environment. Our new InnoVision consulting service facilitates the evolution of smarter enterprises for our partners and the businesses we serve” said Drew Austin, co-founder and COO of Augmate, according to Venturebeat.

The company claims it is the first wearable platform that accelerates the development of cloud-based smart eyewear applications. With this development, the company looks to build applications that can integrate with enterprise backend services and API plug-ins to enhance user experience for employees that don't work at the desk so they can get information out of their hands and out of their way, so they can perform the tasks they need without being encumbered with smartphones, tablets or paper.

Edited by Maurice Nagle

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