WakingApp Realities

Company Overview

Snapshot

Founded in July 2013 by Alon Melchner and Adiel Gur, WakingApp Realities operated with 1–10 employees. The company secured funding across 4 rounds from 5 investors, culminating in its acquisition by Scope AR in December 2019.

Business overview

WakingApp Realities developed a technology suite for businesses to create augmented reality (AR) experiences, offering white-label solutions and native app integration. Its cloud-based platform enables users to build interactive 3D AR experiences using a drag-and-drop interface or JavaScript. The company's technology served various industries, including training, advertising, healthcare, and automotive, operating within the Business Software sector with a focus on Simulation & Imaging and Platforms & Interfaces.

Strategic signal

In December 2019, WakingApp Realities was acquired by Scope AR, marking a significant consolidation in the augmented reality tools market. This acquisition signals a strategic move by Scope AR to integrate WakingApp's AR content creation platform, potentially expanding its offerings and market reach in industrial augmented reality solutions.

Company Intelligence Q&A

What was a significant corporate milestone for WakingApp Realities?

WakingApp Realities was acquired by Scope AR in December 2019, transitioning its status to Acquired (Inactive).

Which investors participated in WakingApp Realities' Series C funding round?

In November 2015, WakingApp Realities secured Series C funding from investors including.

What was WakingApp Realities' focus in the Chinese market?

In June 2016, WakingApp Realities upgraded its offerings to entice the Chinese market with VR, AR, and IoT capabilities.

What new functionality did WakingApp add to its AR Studio?

In February 2019, WakingApp added visual scripting functionality to its AR Studio, enhancing its content creation platform.