RestAR
Cloud-based 3D Scanning and AR for Retail
Company Overview
Snapshot
Founded in August 2017 by Bar Saraf and Shimon Vainer, RestAR operates with 1–10 employees. The company raised a total of $1.5M across two funding rounds from two investors. RestAR was acquired by Unity in December 2020, leading to its cessation of operations.
Business overview
RestAR provides a solution for businesses to generate high-quality 3D content for physical products using only a mobile device. The company's technology integrates computer vision and deep learning algorithms to serve the eCommerce and food markets, operating within the Business Software sector, specifically focusing on Sales & Marketing Solutions and e-Commerce Tools.
Strategic signal
The acquisition of RestAR by Unity in December 2020 highlights the strategic value of RestAR's 3D scanning and AR technology within the broader gaming and interactive content industry. This event signals a consolidation trend in the market for advanced visualization tools, demonstrating Unity's interest in integrating sophisticated 3D content creation capabilities into its ecosystem. For investors, this acquisition underscores the potential for innovative AR/3D solutions to be absorbed by larger platforms seeking to enhance their offerings.
Log in to access full profile ›Company Intelligence Q&A
- What is RestAR's primary offering?
- RestAR offers a cloud-based solution that enables business owners to scan and render high-quality 3D content based on physical products using only their mobile device, primarily for the eCommerce and food markets.
- When was RestAR acquired?
- RestAR was acquired by Unity in December 2020 and subsequently ceased to operate.
- Which investors participated in RestAR's funding rounds?
- RestAR received funding from Wix Ventures in September 2020 and 500 Startups in July 2019.
- What is the core technology behind RestAR's solution?
- RestAR's technology combines computer vision and deep learning algorithms to facilitate 3D scanning and augmented reality experiences.
- What was RestAR's total capital raised?
- RestAR raised a total of $1.5M across its funding rounds.