What is Layar?
Layar specializes in providing augmented reality (AR) solutions, focusing on user-friendly tools for creating AR experiences. Their product suite includes Blippbuilder, a no-code platform, and a WebAR SDK, enabling developers to integrate AR into existing websites. The company actively collaborates with various industries, including education and entertainment, to enhance brand engagement and customer interaction through immersive AR projects. Since its inception, Layar has been a prominent force in the AR landscape, delivering numerous campaigns for global brands.
How much funding has Layar raised?
Layar has raised a total of $17.1M across 2 funding rounds:
Series A
$3.4M
Series B
$13.7M
Series A (2010): $3.4M with participation from Sunstone Capital and Prime Ventures
Series B (2010): $13.7M led by Sunstone Capital, Intel Capital, and Prime Ventures
Key Investors in Layar
Sunstone Capital
Sunstone Life Science Ventures is an independent European venture capital investment firm focused on enabling and empowering life science therapeutics innovations. The firm invests in early-stage life science companies developing novel therapeutics for humans, helping to turn new science into new products that improve patient outcomes.
Prime Ventures
Prime Ventures is an investment firm that supports Europe's future technology leaders by providing over EUR 875 million in capital to help founders scale their businesses. The company focuses on partnering with exceptional founders in various sectors, including marketplaces, SaaS, fintech, consumer, and deeptech.
Intel Capital
Founded in 1991, Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, next-generation compute, and a wide range of other technologies. Intel Capital curates thousands of business development introductions each year.
What's next for Layar?
The substantial enterprise-level funding Layar has garnered indicates a mature stage of growth, likely focused on scaling operations, expanding market reach, and further developing its AR technology. The recent strategic investment suggests a focus on enhancing its core offerings and potentially exploring new avenues for AR integration. Future developments may involve deeper penetration into enterprise markets, advancements in AR creation tools, and strategic partnerships to solidify its leadership in the augmented reality space.
See full Layar company page