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Venture Capital

Realwear Closes Series B, Bringing Total Private Financing To Over $100M

by vcaonline.com posted 2weeks ago 13 views
VANCOUVER, Wash., July 1, 2019-- RealWear, Inc., the leader in knowledge transfer and training platforms for the connected worker, announced today an $80 million Series B financing round. RealWear will use the funds, which are a combination of equity and debt, to continue market expansion and accelerate its platform development. RealWear teamed with JPMorgan Chase & Co. to architect an investment syndicate led by Teradyne, Inc. (TER), a global leader in industrial automation, and includes Bose Ventures, Qualcomm Ventures LLC (QCOM), Kopin Corporation (KOPN), and investors from JPMorgan’s (JPM) Private Bank.