WakingApp Realities

AR Content Creation Platform

Business Software
Acquired (Inactive) by Scope AR on Dec 2019 - closed due to acquisition
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Company Overview

Snapshot

Founded in July 2013 by Alon Melchner and Adiel Gur, WakingApp Realities operates with 1–10 employees. The company raised $10.4M across 4 funding rounds from 5 investors before being acquired by Scope AR in December 2019.

Business overview

WakingApp Realities develops a suite of technologies that enable businesses to create augmented reality (AR) experiences. Its core product is a cloud-based platform that allows users to build interactive 3D AR experiences using a drag-and-drop interface or JavaScript. The company provides white-label solutions and native app integration, serving markets such as advertising, healthcare, and automotive, and operates within the Business Software sector.

Strategic signal

In December 2019, WakingApp Realities was acquired by Scope AR. This acquisition indicates a consolidation within the augmented reality tools market, with Scope AR integrating WakingApp's AR content creation capabilities to enhance its offerings. The event signals a strategic move to strengthen Scope AR's position in providing comprehensive AR solutions for enterprise clients.

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Company Intelligence Q&A

What is WakingApp Realities' primary business?
WakingApp Realities specializes in providing a cloud-based platform and technologies that enable businesses to create interactive 3D augmented reality (AR) experiences through a drag-and-drop interface or JavaScript.
When was WakingApp Realities acquired?
WakingApp Realities was acquired by Scope AR in December 2019.
Which investors participated in WakingApp Realities' December 2018 funding round?
In December 2018, WakingApp Realities received funding from Globis Capital Partners and Vuzix.
What was a key strategic development for WakingApp Realities in November 2015?
In November 2015, WakingApp Realities raised a Series C funding round with participation from.
What functionality did WakingApp add to its AR Studio in February 2019?
In February 2019, WakingApp added visual scripting functionality to its AR Studio, enhancing its content creation capabilities.
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