Blippar Secures $54,000,000 Series D Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=f5872246-4163-4254-b0cb-d3d45f6ab02d
Date
3/3/2016
Company Name
Blippar
Mailing Address
236 West 30th Street 8th Floor New York, NY 10001 USA
Company Description
Blippar harnesses image recognition, augmented reality and computer vision technology to bring the physical world to life through smart devices.
Website
http://www.blippar.com
Transaction Type
Venture Equity
Transaction Amount
$54,000,000
Transaction Round
Series D
Proceeds Purposes
The new funding will go towards building out Blippar’s currently 60-person engineering team in San Francisco, as well as building out the machine learning and artificial intelligence technology Blippar requires for its real-time augmented reality search engine.
M&A Terms
Venture Investor
Khazanah Nasional Berhad
Venture Investor
Undisclosed