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 Prime Ventures, Intel Capital, and Sunstone Capital
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?
With substantial enterprise-level backing and a recent strategic investment, Layar is well-positioned to further its development and market penetration in the rapidly evolving augmented reality space. The company's focus on accessible AR creation tools and its established track record with global brands suggest a trajectory aimed at expanding its platform's reach and capabilities. Future endeavors will likely involve leveraging this capital to enhance its technological offerings, forge new strategic partnerships, and solidify its leadership in delivering engaging AR experiences across diverse industries.
See full Layar company page