ArborXR Secures $12 Million in Funding: Changing the Game in VR Device Management
ArborXR, a startup revolutionizing the way companies manage AR and VR devices, has hit the jackpot with a $12 million Series A funding round. This investment, led by Mercury Fund and Cortado Ventures, will fuel the development and expansion of ArborXR's cutting-edge platform.
While consumers may still be on the fence about XR (extended reality) technologies like AR and VR, the corporate world is embracing them with open arms. Major companies such as Adidas, Bank of America, and Walmart are using VR training programs to upskill their employees in hybrid work environments. However, managing these devices efficiently can be a challenge for businesses.
ArborXR steps in to fill this gap by providing a comprehensive platform for remote device management, app installation, content control, and user access management. With features like real-time monitoring, training progress tracking, and device health monitoring, ArborXR simplifies the complex task of managing VR devices for companies.
In addition to its enterprise-focused product, ArborXR also offers an education solution that is currently used by over 420 educational institutions. Both offerings allow users to manage an unlimited number of devices, making it a versatile solution for a wide range of industries.
CEO Brad Scoggin emphasizes the transformative impact of XR on industries like healthcare, education, and enterprise, highlighting the shift towards immersive learning experiences driven by VR technology. ArborXR's success in attracting major clients like Bank of America and Walmart underscores the growing demand for its services.
ArborXR's competitive pricing and user-friendly interface set it apart from other VR device management companies. With subscription options starting at $7 per device per month, ArborXR offers a cost-effective solution for businesses of all sizes.
In conclusion, ArborXR's innovative platform is poised to revolutionize the way companies manage their AR and VR devices. By simplifying device management and enhancing user experiences, ArborXR is paving the way for a future where XR technologies play a central role in learning and work environments.