has raised $80 million for its augmented reality headset and platform for connected workers.
The company will use the funds, which are a combination of equity and debt, to
continue market expansion and accelerate its platform development.
RealWear’s funding and loans were led by industrial automation firm Teradyne, with additional money from Bose Ventures, Qualcomm Ventures, Kopin, and JPMorgan Chase.
From its inception, RealWear has focused on products like the HMT-1 headset, that are specifically designed to improve job satisfaction, productivity, and safety for the connected enterprise workforce.
Image Credit: RealWear
The HMT-1 essentially puts a 7-inch virtual Android tablet within glancing range. It sits just below the worker’s line of sight, with a micro display that can