VR training platform Serious Labs wins $6.4 mln in Series A round
Serious Labs Inc, an Edmonton-based developer of virtual reality (VR) solutions, has secured about $6.4 million (US$5 million) in a Series A financing. U.S. equipment rental company United Rentals Inc and U.S. venture capital firm Brick and Mortar Ventures were the round's investors. Launched in 2005, Serious Labs has developed technology like VR to facilitate interactive skills training in the workplace. It has a global customer base in the construction, mining, plant and maintenance, and oil and gas industries. Led by CEO Jim Colvin and President Ken MacLean, Serious Labs will use the funds raised to fuel continued growth, product innovation and market share.
17 August 2017•4 mins read
