February 13, 2017 | Israeli augmented reality (AR) company TIPIT has raised $2.5 million in a seed financing round. With investment from Atooro Fund, TIPIT has developed a cross-platform engine aimed at innovating in the space of augmented reality (AR), which provides developers, cameras, and brands with a software development kit (SDK) of computer vision and AR technologies that increases platform users’ retention, engagement and boosts revenues at an affordable price. Founded in 2014 and run by CEO Jonathan Rimon, TIPIT has offices in San Francisco and Ra’anana.
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