Scandit Raises $150 Million to Expand International Footprint of Mobile Scanning Platform

Smart data capture company Scandit recently announced a $150 million Series D funding round led by Warburg Pincus, propelling the company to unicorn status with a valuation of more than $1 billion. Scandit develops augmented reality and mobile computer vision technologies that tap into the cameras on smart devices. The startup's platform can be used to interact with retail items and have a more personalized experience while shopping. Scandit says its technology is also being used by industries like transportation, healthcare, and manufacturing. Samuel Mueller, co-founder and CEO of Scandit, joins Cheddar News' Closing Bell to discuss.
More Videos
Can NYC Finally Cool Its Subway?
Why is the NYC subway platform so hot? One rider built his own sensor network to find out. We explore the geothermal fix the MTA is piloting right now.
Load More