Avatour, the remote collaboration platform for site meetings, has announced a $2.9 million seed round led by Ulu Ventures. The funding will enable Avatour to scale its technology and expand into new markets internationally.
Other participants in the round include Merus Capital, NTT Docomo Ventures, Plug & Play Ventures, and 500 Startups.
The Avatour platform combines real-world 360-degree capture, real-time communication, and optional VR/AR technology to immerse remote users in a location as if actually present.
Avatour’s cloud-based service uses a combination of proprietary software and off-the-shelf hardware to deploy virtual meetings for up to 20 live viewers per session.
Since its commercial release in March 2020, Avatour has enabled thousands of remote site meetings, buoyed recently by the travel restrictions imposed by the COVID-19 pandemic. Current customers include the FAA, Thermo Fisher, Kellogg’s, and Black & Veatch.
