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High Tech Series A Founded 2013

Augmate

Augmate is an IoT and wearable device management platform that provides enterprise solutions for deploying and managing head-mounted displays, wearable technology, and connected IoT devices at scale. The platform, called Augmate Connect, uses a combination of traditional, blockchain, and distributed ledger protocols, and is blockchain-agnostic with integration of IOTA Tangle for transferring value between devices.…

📍 New York City, United States · Wearable Technology,

Funding snapshot

Last roundSeries A
Amount$6M
Date19 June 2018
Total raised$6M
Team size10

About

Augmate is an IoT and wearable device management platform that provides enterprise solutions for deploying and managing head-mounted displays, wearable technology, and connected IoT devices at scale. The platform, called Augmate Connect, uses a combination of traditional, blockchain, and distributed ledger protocols, and is blockchain-agnostic with integration of IOTA Tangle for transferring value between devices. Augmate supports a wide range of wearable devices including head-mounted displays from Realwear, Vuzix, Epson, Google, Microsoft, and others, as well as smartphones and tablets. The platform serves multiple industries including smart medicine, smart industry, smart energy, smart agriculture, connected cars, smart retail, military, and smart homes, providing device management, security, and connectivity solutions for enterprise IoT deployments. Founded in 2013 and headquartered in New York City, Augmate has raised $5.85 million in Series A funding from investors including UpVentures Capital, Rothenberg Ventures, United Parcel Service, and Next47.

Business model

Internet of Things Infrastructure > IoT Platforms > Device Management,

Wearable Technology > Smart Glasses > Industrial Workforce > Software > Device Management,

Plug and Play Tech Center Batches > Internet of Things > Batch 10

Institutional investors

UpVentures Capital Rothenberg Ventures Camp One Ventures FP Angels Excell Partners Next47 Simon Ventures United Parcel Service Counterpointe Ventures Etheralabs Tim Draper

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