ArborXR Raises $12M to Expand Its Enterprise XR Device Management Platform - Road to VR
ArborXR Secures $12M Funding to Scale Enterprise XR Device Management Platform
ArborXR, a company specializing in XR device management for enterprises, has raised $12 million in new funding. This investment will be used to enhance their mobile device management (MDM) platform, which helps organizations manage extensive XR devices and content. The funding round, led by Mercury Fund and Cortado Ventures with contributions from Impact Venture Capital and Lewis & Clark Ventures, brings ArborXR’s total capital to over $25 million since its launch in 2020. ArborXR's platform is already utilized by major companies like Bank of America, Pfizer, Delta, Walmart, and UPS for employee training programs. For the full story, visit Road to VR.