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Wheelings & Dealings: Augmate Looking to Take Next Steps in Smart Eyewear with Big Cash Infusion
Wearable Tech World Feature Article
September 22, 2014
Wheelings & Dealings: Augmate Looking to Take Next Steps in Smart Eyewear with Big Cash Infusion
By Oliver VanDervoort
Contributing Writer

The wearable tech world is only getting more crowded as company after company announces they are dipping their toe into the market. Augmate, a wearable tech startup that deals with strategy, development and deployment of enterprise level smart eyewear announced late last week it had received more than $2.8 million in seed funding. The new money will help Augmate keep going in its mission to come up with new and different smart eyewear solutions that come in handy in the workplace.

“Industries including manufacturing, warehousing, logistics, and retail remain bogged down by legacy systems and bulky hand-held devices,” said Drew Austin, co-founder and COO of Augmate in a recent release. “We’re here to help them realize the inherent benefits of wearable technology by providing enterprise applications designed for smart eyewear, powered by the intelligence of sensors within the workplace environment. Our new InnoVision consulting service facilitates the evolution of smarter enterprises for our partners and the businesses we serve.”

Tim Draper, the founding partner of Draper Associates and one of the leading investors for Augmate talked about the vision the wearable technology firm has. Draper said he believes the work that Augmate is doing with its developer tools using the device-agnostic SDK is something that will be leading the industry soon.

Augmate believes that smart eyewear and hands-free technology is going to be the next frontier for an enterprise market that is going increasingly more mobile all the time. Smartphones and tablets have fundamentally changed the way businesses operate—enterprise level businesses and wearable tech is only going to further change the dynamic. Augmate believes that while eyewear hasn’t really caught on, even in this particular sector, it will become quite a bit more popular in a short period of time. Google (News - Alert) Glass, Vuzix M100, Epson Moverio, and Kopin Golden-I are just the beginning, according to Augmate and there are many more smart eyewear devices coming down the pike.

Edited by Maurice Nagle

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