Skip to main content

APX Labs Grabs $13 Million For Enterprise Smart Glasses Platform


APX Labs, makers of the Skylight smart glasses development platform, announced a $13 million investment today.
The round was led by NEA, but there were several others parties involved including CNF Investments, GE Ventures, Salesforce Ventures, SineWave Ventures, and other unnamed investors. Today’s round brings the total raised to $29 million.
While the company was happy about the money, CEO Brian Ballard, seemed most excited by the strategic investments from GE Ventures and Salesforce Ventures, which he felt really validated what the company was trying to do.
GE is a customer and they are going to do a large deployment within the next 12 months that will be a serious test case for the platform.
SkyLight is a vendor-agnostic smart glasses platform. That means it works across a variety of glasses manufacturers including Google Glass, which is focusing on enterprise use cases for now and others like Sony Smart Eye Glasses, among others.
Assorted smart glasses
Photo Credit: APX Labs

The hardware when used in conjunction with the Skylight software enables employees working in any industrial scenario to get instructions via the smart glasses interface while keeping their hands free.
APX Skylight interface example.
Skylight interface example. Photo Credit: APX Labs

As for Salesforce, it sees smart glasses as the interface for the internet of Things, a trend it has made clear it is very much interested in. For now, Salesforce wants to push smart glasses technology to field service workers as a way to undertake repairs in the field hands-free.
You can imagine, there are any number of scenarios where this could be useful for these companies. For example, at GE you have people working on huge industrial equipment like locomotives, jet engines and wind turbines. Using smart glasses with Skylight, they are able to assess the situation, while getting information via a smart glasses interface with their hands free. It’s clear how this would be much more efficient than working with a tablet or laptop.
In some scenarios where a worker may be in a hazmat suit or inside a large machine, working with a laptop or tablet isn’t even possible. The smart glasses enable the worker to get information directly through the glasses.
Ballard sees this industry just beginning to emerge from first generation hardware and software, and moving into some larger scale deployments, like his company’s work with GE.
They currently claim to have dozens of customers including six out of the Fortune 10. Ballard wouldn’t name them all, although GE is one. Regardless, those are some serious players interested in this technology, and it shows that the market could poised to take off in a big way.
“Our target now is the biggest manufacturers on the planet,” he said.
The company also has some impressive partners to help build that market including Microsoft, Accenture, SAP and Deloitte.
It’s still early days for the Herndon, Virginia company, but Ballard hopes to use this money to continue developing the product, scaling the company to a wider market and supporting a larger number of smart glasses as they become available.

Comments

Popular posts from this blog

Best Web Design Company in Pondicherry

#Technology    has two faces. We all feel it, but sometimes can’t find words to describe it.  #Ebooks    are the best example to show the 0-1 nature of emotions the  #technology  evokes. #itwhere    provide a  #Best     #solutions    to  #Growyourbusiness    feel free to drop a  #Mail    info@itwheretech.co.in www.itwheretech.co.in 

South Korea aims for startup gold

Back in 2011, when South Korea won its longshot bid to host the 2018 Winter Olympics, the country wasn’t widely recognized as a destination for ski and snow lovers. It wasn’t considered much of a tech startup hub either. Fast forward seven years and a lot has changed. For the next 10 days, the eyes of the world will be on the snowy slopes of PyeongChang. Meanwhile, a couple of hours away in Seoul, a burgeoning startup scene is seeing investments multiply, generating exits and even creating a unicorn or two. While South Korea doesn’t get a perfect score as a startup innovation hub, it has established itself as a serious contender. More than half a billion dollars annually has gone to seed through late-stage funding rounds for the past few years. During that time, at least two companies, e-commerce company Coupang and mobile-focused content and commerce company Yello Mobile, have established multi-billion-dollar valuations. To provide a broader picture of how South Korea stacks ...

Trump cites Facebook exec’s comments downplaying Russian ad influence on election

You’d be forgiven for missing Donald Trump’s multiple retweets of Facebook executive Rob Goldman over the weekend. Perhaps you were spending time with family, watching Black Panther or just attempting to forget politics for a moment by ignoring the manic flurry of social media updates from the leader of the free world. But in amongst a deluge of tweets that blamed Democrats for failing to preserve DACA, called out the FBI over the recent school shooting in Florida on the FBI and affectionately referred to a member of congress as “Liddle’ Adam Schiff, the leakin’ monster of no control,” the President cited Facebook’s VP of Ads as evidence against claims that his campaign colluded with Russia. “The Fake News Media never fails,” Trump tweeted over the weekend. “Hard to ignore this fact from the Vice President of Facebook Ads, Rob Goldman!” Trump was citing Goldman’s own Twitter dump over the past week, responding to Special Counsel Robert Mueller’s recent indictment of 13 Russian...

Google Announces Android Wear Update With WiFi Support, Always-On Apps, And More

It has been a while since Android Wear got any substantial updates, but today Google is announcing a big one. A new version of Wear will be rolling out over the coming weeks that includes a number of previously rumored features (like WiFi support) and some all new stuff (like always-on apps). Most Wear devices use the always-on ambient mode for the watch face by default, the Moto 360 being a notable exception. The new Android Wear version allows apps to operate in ambient mode too, so they remain active when the watch goes to sleep. That makes it easier to take a quick glance at the app instead of waking the device up and opening the app all over again. The watch will still only go into full-color mode when necessary. WiFi support is also coming in the update, which means your watch can be useful even if your phone isn't connected. Watches with WiFi support will be able to connect to WiFi and still get messages and notifications from your phone, provided it has an interne...

Google’s Tez payments app now lets users handle their utility bills and more

Google’s Tez payment service in India has got a major update that allows users to pay their utilities and other bills via the app. The service was launched last September for iOS and Android and it initially allowed for payments between bank accounts using India’s UPI (Unified Payments Interface) protocol. Now the app has gotten support to pay for bills from more than 80 organizations — including national/state electric, gas and water, and TV/internet services — with more to come soon. In the case of recurring bills, the app will send a notification when a new payment is due and fetch the bill. The app also lists previous bills paid, and it supports multiple accounts. “We’ve designed bill payments to be the most convenient way to manage life’s expenses, so you can pay right from your bank account in just a few taps. We can’t wait for you to try it out and see how much time you save,” Google wrote in a blog post. Tez clocked 12 million users in December, just three months aft...