XOEye Technologies, a Nashville, TN-based provider of enterprise wearables solutions, announced the commitment of $1.5m towards its $2m Series A funding round.
The round, which will remain open for 90 days, is currently co-led by venture firms Crestlight Ventures and Selous Venture Society.
The company intends to use the proceeds to fulfill initial customer contracts and expand its engineering team.
Led by CEO Aaron Salow, XOEye Technologies XOEye combines wearable computing devices with a custom-fit operating system and cloud-based software for an end-to-end solution that facilitates hands-free managerial telepresence, remote employee training and monitoring, remote diagnostics and quality control, etc.
It remotely supports business processes including training, remote support, sales, service and auditing.
The company’s XOLinux operating system and cloud-based XOEye Vision™ application suite are accessible through its open API and developer portal.
FinSMEs
08/12/2014