WakingApp provides an augmented reality (AR) toolset that enables professionals to rapidly and easily create AR experiences. Its ENTiTi AR Creator platform, ENTiTi 3.0, SDK and a mobile-optimized 3D engine with PBR support image and QR tracking and cross-platform SLAM leveraging Apple’s ARKit and Google’s ARCore for stand-alone apps or native app integration. The platform is used by thousands of designers and developers and is applied in training, advertising, healthcare and the automotive industry. WakingApp offers white-label solutions, immediate content updates without App Store resubmission, and native app integration options. The company will support Vuzix’s AR Smart Glasses and Vuzix will distribute limited-term ENTiTi licenses under a multi-year strategic partnership. Financially, WakingApp secured $2.6M in new funding led by Globis Capital Partners, in addition to $9.5M raised during its five-year history; CEO Matan Libis said the funds will be invested in sales and marketing to expand market reach. WakingApp offers an AR/VR platform (ENTiTi) that enables users, including those with no programming experience, to create advanced interactive augmented and virtual reality content featuring live data feeds, high-quality 3D imaging and animation, and games. The platform comprises ENTiTi Creator and ENTiTi Viewer for content creation and distribution. Content created on ENTiTi is accessible online on smartphones, tablets and leading smart glasses without additional devices. Founded in 2013 by Alon Melchner (president) and Udi Shani (CEO), the company is based in Tel Aviv, Israel. WakingApp raised $4.3M in a Series C round and plans to use the funds to expand its platform offerings and increase sales, marketing and business development in the United States and China.

Total raised

$7M

Funding rounds

2

Latest round

Equity

Latest activity

Dec 2018