What is 8th Wall?
8th Wall is recognized as an award-winning computer vision software company that specializes in creating interactive, immersive content accessible across all devices without the need for app downloads. Leveraging the world's largest augmented reality platform, 8th Wall supports billions of devices globally. Its technology has been instrumental in developing AR activations for a diverse range of brands across verticals such as retail, food and beverage, travel and tourism, automotive, fashion, sports, and entertainment. Notable brands that have utilized 8th Wall's platform include Nike, Porsche, Sony Pictures, Burger King, and Adidas, demonstrating the platform's broad applicability and impact.
How much funding has 8th Wall raised?
8th Wall has raised a total of $10.6M across 3 funding rounds:
Other Financing Round
$2.4M
Series A
$8M
Debt
$150K
Other Financing Round (2016): $2.4M with participation from Third Kind Venture Capital, Venture Reality Fund, Betaworks, and Norwest Venture Partners
Series A (2018): $8M led by Venture Reality Fund, Norwest Venture Partners, Sparkland Capital, and Shasta Ventures
Debt (2020): $150K supported by PPP
Key Investors in 8th Wall
Venture Reality Fund
Venture Reality Fund is a global investment firm focused on immersive, spatial, and intelligent computing, investing in visionary founders and innovative solutions across infrastructure, development platforms, content, and applications.
Norwest Venture Partners
Norwest Venture Partners is a global, multi-stage venture capital and growth equity investment firm founded in 1961, specializing in technology and healthcare sectors.
Sparkland Capital
Sparkland Capital is an early-stage venture capital firm based in Silicon Valley that invests in frontier technology and visionary leaders, focusing on sectors such as Cyber Security, Blockchain, VR/AR, and AI/Robotics.
What's next for 8th Wall?
With the recent major strategic investment, 8th Wall is poised for accelerated growth and further innovation in the WebAR space. This capital infusion is expected to fuel the expansion of its platform capabilities, enhance its market reach, and solidify its leadership position in delivering immersive experiences without app barriers. The company's focus on enterprise solutions suggests a strategic push towards deeper integration with major brands and a continued commitment to advancing the accessibility and adoption of augmented reality technology.
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