Avataar, a 3D artificial intelligence company, has raised $45M in a Series B round that drew participation from Sequoia Capital India and Tiger Global Management.
How’s the company performing?
- India-based Avataar helps companies create digital shopping experiences that are both immersive and interactive.
- The company’s client base includes Samsung and Pepperfry.
- Companies using its platform have reported increased conversion rates.
- Avataar has more than 10 US patents, and it has established strategic partnerships with Google and Facebook.
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The post Avataar Raises $45M From Tiger Global And Sequoia For Its Augmented Reality 3D Product Visualization Technology — Its Competitors Include ThreeKit, VNTANA, And Cappasity appeared first on CB Insights Research.