Data Capture & Auto ID

Data Capture, Bar Code Decoders, Scanners and Automatic Identification.

Data Capture Innovator Secures $7.5m VC Funding

10-Jan-2017
Data Capture Innovator Secures $7.5m VC Funding
Scandit, the enterprise mobility and data capture innovator, has closed a $7.5m Series A funding round with Atomico, a venture capital firm based in London.

The investment enables Scandit to further develop its software-based, hardware agnostic data capture platform and cloud services. The company also plans to expand its international footprint with new sales offices across the US and Europe.

Welcoming the investment, Scandit CEO and co-founder Samuel Mueller said: “Atomico is the perfect partner for us. They share our belief that the right product, backed by a team of innovative, dedicated people can change an entire industry. That includes an industry where a handful of incumbents hold three-quarters of the market share.

“Scandit offers power and flexibility that the existing players, despite their high price tags, simply cannot match. That’s due, in part, to our ecosystem of software and cloud services - including the Scandit Flow platform. Its versatility, combined with the efficiencies and cost savings associated with Scandit’s data capture solutions, is what our customers love and what enables them to fundamentally transform their businesses through the use of smart mobile solutions.”

Scandit was founded in 2009, by a group of PhD graduates and former researchers from ETH Zurich, MIT and IBM Research. They realized that modern off-the-shelf smart devices, running sophisticated software algorithms, could replicate, and even exceed, the capabilities of dedicated data capture systems at a fraction of the cost. The founders saw that their innovative approach to data capture was capable of serving enterprise, employee and consumer applications.

Siemens and Dubai Airports seek to establish Data Hub and enhance passenger experience
1 week ago
Nautilus, Inc. Fitness Solutions uses Birst Enterprise Analytics Platform to Get Single View of Business
4 weeks ago
RF Code Outlines Importance of Real-Time Data at Data Centre World Speaker Sessions
1 month ago
GateHouse Logistics Raises the Bar in Secure Data Sharing
2 months ago
New DS5100 laser scanner from Datalogic: performance in any operating conditions
2 months ago
Integrate to Collaborate:The Benefits of Better Data Visibility
2 months ago
Meritor's Asset Management Program Keeps Distribution Hub Running Smoothly
3 months ago
TSG Hoffenheim: One Team, One Software Platform
4 months ago
TSC and Datalogic announce a Global Strategic Alliance Agreement
4 months ago
LASER SENTINEL (SLS-B5): The complete application-oriented solution by Datalogic
4 months ago
Brampton Brick Chooses fleXipod Proof Of Delivery Software To Enhance Customer Experience
4 months ago
Datalogic showcases new innovative solutions for Smart Factories at SPS IPC Drives, Nuremberg
4 months ago
Customer data heralds new opportunities for fashion industry
5 months ago
Operators use TruAnalysis for Earned Recognition pilot
5 months ago
Birst Extends Consumer-Grade User Experience with Best-of-Breed ROLAP and ETL for Business Users
5 months ago
Pyramid Analytics introduces Pyramid 2018: the Analytics OS
5 months ago
IntelliChief ECM Microsoft Active Directory Synchronization Aggregates Business System Information
5 months ago
Today we are pleased to introduce our 1D CCD ring scanner: The MS650
6 months ago
Certas Energy Uses Cloud Solution to Run Danish Service Station Network
6 months ago
Renovotec To Discount Rugged Hardware Rental From October To January - At ‘Five Units For The Price Of Four’
6 months ago
Real-time thermal mapping by SenseAnywhere
6 months ago
TGW completes expansion project for German auto repair supplier Stahlgruber
7 months ago
Telit Introduces Bluetooth 4.2 Host Controller Interface Module with Integrated Chip Antenna
7 months ago
Report: Mobile barcode scanners expanding data capture market
7 months ago
Storm Season and Business Continuity Update 2017
8 months ago
Paragon Hard Disk Manager 16 Preview Delivers New UI, Backup Wizards - $50 Value, Now FREE Unlimited Use
8 months ago
Telit and OT-Morpho Partner for Opportunities in the Era of Device Provisioning on A Global Scale for the IoT
9 months ago
Telit Introduces First Bluetooth Low Energy Module with integrated MEMS Motion and Environmental Sensors
9 months ago
Savi Announces Breakthrough New Sensor Priced at $50
10 months ago
TmaxSoft launches new drive to sign up ISVs
10 months ago
Telit Introduces Ultra-slim, Smart Antenna GNSS Location Module
11 months ago
SpatialBuzz launches mobile measurements tool for mobile network operators
11 months ago
The New MDI-4100 Ultra-Thin 2d Imager Engine From Opticon
1 year ago
Cognex barcode readers with real-time monitoring increase the speed of article picking
1 year ago
Datalogic Scanners Help Fullers Logistics achieve 99.93% of KPIs
1 year ago
Maximum availability and cost-efficiency through “Smart Data” and Pro-Active Maintenance
1 year ago
Cognex DataMan 300 barcode readers for proof of origin in the food industry
1 year ago
Promotional Offer for PowerScan Industrial Laser Scanners
1 year ago
Mobile Product Configurator Updated
1 year ago
Wireless Ring Scanner Allow Comfortable Hands-Free Scanning
1 year ago
Data Storage Product Brands For Sale
1 year ago
Canute Logistics Goes Live with ePOD System
1 year ago
World-first to introduce eye tracking process to logistics sector
1 year ago
Panasonic Launches “Most Robust Security Camera”
1 year ago
High Technology Barcode Readers Now Available
2 years ago
Spigraph Teams Up with ibml Desktop Scanners in Europe
2 years ago
Zebra Ultra-Rugged Scanners “Purpose-Built To Exceed Standards”
2 years ago
Discount Category Change For Some Datalogic Contracts
2 years ago
RAVAS iForks and App Provide SOLAS Container Weights
2 years ago