From the Augmented World Expo – DAQRI,
the leader in 4D Augmented Reality technology, has announced a $15M
private equity commitment led by Tarsadia Investments of Newport Beach,
Calif. DAQRI has developed 4D technology to deliver enterprise Augmented
Reality solutions to partners across a variety of industries. The
funding will be used to boost DAQRI’s engineering and design resources
as the company continues to develop its platform, and to increase its
sales force and support its presence in North America and around the
world. In addition, Troy Carter, founder, chairman and CEO of Atom
Factory, has joined DAQRI’s advisory board.
“We’re at the forefront of a technology revolution that will change the
way people see the world,” said Brian Mullins, founder and CEO, DAQRI.
“As an industry we have just begun to scratch the surface of what
Augmented Reality is capable of, and with Troy joining the advisory
board, consumers will likely see more innovative marketing and
entertainment-focused campaigns in the future.”
DAQRI already has worked with household names including Twentieth
Century Fox, Matchbox Twenty and SONY to create promotional 4D
experiences that have brought to life DVD covers, books, album covers,
and more. DAQRI’s white-label technology has powered more than 1,000 4D
experiences for some of the world’s most recognizable brands and through
its partnership with Quad/Graphics’ Interactive Print Solutions
division, DAQRI’s technology has been used to develop ground-breaking
campaigns and applications for Smithsonian, LEGO, Maxim and many more.
DAQRI also took the Cadillac ATS to the streets with interactive 3D
chalk murals in a Webby Award-nominated worldwide campaign.
DAQRI’s core product is a platform that combines simple web publishing
tools with end-user apps powered by advanced Augmented Reality
technologies, allowing creatives to easily design, execute and publish
4D experiences. DAQRI aims to turn those tools in to the creative
standard for the industry: The “Photoshop of augmented reality.”
DAQRI will also make its technology available for licensing by new
partners, and plans to open its platform to content creators, allowing
them to easily design, execute and publish augmented reality experiences
like never before. DAQRI also will support Google Glass from day one
with workflow and publishing tools that allow customers to get their
content onto the exciting new platform.
“I knew when I first met the team behind DAQRI that its technology and
vision was going to change everything,” said DAQRI advisor D.A. Wallach,
Spotify artist-in-residence and lead singer of the band Chester French.
“Augmented Reality as a communication medium is completely different
than anything that’s come before. Every industry will be affected by
this, and DAQRI will be there leading the way. I’m excited to see them
get the right partner to take the company to a whole new level.”
For brands seeking to tell more interactive stories, 4D is the ultimate
engagement tool, backed by robust analytics, but marketing is far from
the only use case for the technology. With this funding, DAQRI will
continue innovating substantive, useful applications of its platform in
manufacturing, medicine and education to revolutionize the way people
interact with information and technology across all industries.
Attendees of the Augmented World Expo can visit DAQRI in Booth #38 in
Exhibit Hall A of the Santa Clara Convention Center.
DAQRI is leading the 4D revolution, having developed the technology to
deliver the most sophisticated enterprise augmented reality
applications. The company has powered more than 1,000 augmented reality
experiences for some of the most popular brands and publishers in the
last year alone, and is trailblazing advancements in the fields of
education, medical, brand communications, entertainment, and industrial
manufacturing. DAQRI is headquartered in Los Angeles with an R & D lab
in Sunnyvale, Calif. and sales office in Detroit.