Upskill raises Seris B from venture arms of Boeing, GE - Technical.ly DC

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Apr. 6, 2017 10:19 am

Upskill raises Seris B from venture arms of Boeing, GE

Boeing and GE are two of the AR software company's biggest customers.

Upskill software lets you see beyond this.

(Photo by Flickr user U.S. Fish and Wildlife Service Headquarters, used under a Creative Commons license)

Herndon, Va.-based Upskill (previously APX Labs), the creator of augmented reality software for manufacturing, announced Wednesday that the company has raised a Series B. Interestingly the round was led by the venture arms of Boeing and GE, two of Upskill’s biggest clients. The companies did not disclose the amount of the round.

Recall — originally developed as a defense tech, Upskill’s Skylight technology helps manufacturers increase efficiency and safety by allowing workers an “assisted” view of their projects. “Once you actually put the glasses on and see the tech, it’s really amazing,” Upskill VP of Marketing Christine Bohle Boyd told Technical.ly back in October. “You kind of get it.”

“Upskill is serving massive customers, who need an industrial AR application platform capable of scaling across their global workforce to drive agility and competitive differentiation,” Brian Ballard, cofounder and CEO, said in a press release about the raise. “This capital will help us accelerate production and grow our engineering and customer solutions teams to support rapid increases in enterprise wearable deployments globally.”

We see some more hiring coming up.

Upskill previously raised $13 million in a round led by New Enterprise Associates in November 2015, according to Crunchbase. NEA also participated in the most recent round.

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