ArborXR Secures Funding to Expand Its Management Solutions for AR and VR Technology

Tuesday, 13 August 2024, 14:30

ArborXR, a startup focused on managing AR and VR devices, has successfully raised $12 million in its latest funding round. Led by Mercury Fund and Cortado Ventures, this investment emphasizes the growing enterprise demand for augmented and virtual reality solutions. With this new capital, ArborXR aims to strengthen its platform and better serve its business customers. In total, the company has now raised over $25 million to support its growth and development.

Yahoo Finance — ArborXR Secures Funding to Expand Its Management Solutions for AR and VR Technology

ArborXR Closes $12 Million Funding Round

ArborXR, a startup that focuses on managing AR (Augmented Reality) and VR (Virtual Reality) devices, has successfully secured $12 million in a new investment round.

Investment Details

The funding was led by Mercury Fund and Cortado Ventures, with contributions from Impact Venture Capital and Lewis & Clark Ventures.

Enterprise Focus: The startup emphasizes that enterprise customers will be the central target for AR and VR devices.
Total Funding: This brings the total funding raised by ArborXR to over $25 million.

This financial boost will enable ArborXR to enhance its management platform and improve service delivery to its business clientele.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

ArborXR Closes $12 Million Funding Round

Investment Details

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