RealWear AR Closes Series B, Total Funding Over $100M
RealWear, Inc., producer of the HMT-1 ruggedized head-mounted monocular tablet computer, announced today an $80 million Series B financing round, bringing the company's total funding to over $100 million. RealWear will use the funds, which are a combination of equity and debt, to continue market expansion and accelerate its popular hands-free platform development. Teradyne, Inc. (TER), a global leader in industrial automation, took the lead. Other investors include Bose Ventures, Qualcomm Ventures LLC (QCOM), Kopin Corporation (KOPN) and JPMorgan Chase & Co (JPM).