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Wireless

Scandit raises USD 80 mln in Seris C funding round

Tuesday 26 May 2020 | 16:50 CET | News
The cash from the series C round will be used to accelerate growth in new markets including APAC and Latin America, and to expand Scandit's footprint and operations in North America and Europe. It will also support R&D. The company said that since the last funding round, in July 2018, it has tripled recurring revenues, more than doubled the number of blue-chip enterprise customers, and doubled the size of its team.

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Categories: Mobile & Wireless
Companies: Scandit / Swisscom
Countries: World
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