Photo: Johan Castevall, CEO XMReality
In the last blog post on XMReality, I spoke about the amazing stuff that the company has been a part of in the past year and as the year was closing, we were anticipating even bigger achievements and some major changes for XMReality in 2016. And we were right.
Just in the past couple of months, XMReality has successfully closed a finance round of total 12 million SEK from existing shareholders and new private investors. This newly raised funding will catalyse the company’s aim to expand from a team of 5 to a team of 11 by June 2016.
XMReality’s recent partnership with Bosch Rexroth has also been very successful. Using the software from XMReality with smartphones, tablets, laptops and smart glasses, the local service engineer can directly work with the in-house experts at Bosch Rexroth. This system was initially used only in Sweden but is now being expanded to other countries as well.
According to CEO Johan Castevall, XMReality is now being proudly classified as an Essential Supplier in Bosch’s global purchasing system which is a clear proof of the importance of Remote Guidance solution in Industries and XM Reality’s forte as the global leader in this market.
XMReality’s revenue is growing rapidly, their team is expanding, their product is getting better and smarter and even their new revamped website is giving off major positive vibes. Amidst all this success, who can deny the fact that XMReality is really galloping their way to success, unlocking one achievement at a time.