TLDR:
ArborXR, a company specializing in XR device management for enterprises, has secured $12 million in funding to scale their mobile device management platform. Led by Mercury Fund and Cortado Ventures, the funding will help ArborXR expand its services to manage fleets of XR devices and content. Founded in 2020 by Brad Scoggin, Jordan Williams, and Will Stackable, ArborXR has already gained the trust of Fortune 500 companies like Bank of America, Pfizer, Delta, Walmart, and UPS for their employee training programs.
ArborXR Secures $12M Funding to Scale Enterprise XR Device Management Platform
ArborXR, an XR device management company working in the enterprise space, announced it has secured $12 million in new funding. The company says it will use the funding to further scale its mobile device management (MDM) platform, which allows companies to manage fleets of XR devices and content. Led by Mercury Fund and Cortado Ventures, with participation from Impact Venture Capital and Lewis & Clark Ventures, the new funding round brings the total capital raised by ArborXR to over $25 million.
Launched in 2020, ArborXR aims to provide a scalable solution to effectively manage fleets of XR devices and deliver a seamless VR experience for global enterprises and institutions. With a focus on differentiating themselves as a trusted partner for enterprises looking to deploy, scale, and maximize XR within their operations, ArborXR has gained the trust of Fortune 500 companies such as Bank of America, Pfizer, Delta, Walmart, and UPS for their employee training programs.
The company plans to enhance the capabilities of its solution and guide customers through every step of their XR journey, addressing the time-consuming and frustrating elements of traditional MDM platforms. Founded by Brad Scoggin, Jordan Williams, and Will Stackable, ArborXR has positioned itself as a leader in the XR device management space.
