News Column

Flextronics Lab IX Funds Atheer Labs

July 8, 2014

Atheer has received an investment from Lab IX.

According to a release from the company, investment from Lab IX will help Atheer complete designing and building its immersive augmented reality technology by leveraging Flextronics' network, experience and expertise in getting technology hardware to market quickly.

"Partnering with Flextronics Lab IX is very exciting for Atheer and for everyone excited about truly immersive augmented reality," said Soulaiman Itani, founder of Atheer Labs. "Lab IX has an incredible network of manufacturers, designers and supply chains that are immensely valuable for startups to bring their hardware to the next level. They offer a world class level of service and knowledge that will provide Atheer with the scale, scope and speed to bring the Atheer platform to the public."

"We are very excited to add Atheer to the Lab IX portfolio and are excited to help bring their immersive 3D augmented reality device to market," said Lior Susan, Vice President and Head of Flextronics Lab IX. "We believe Atheer's team has built an incredibly powerful platform that has the potential to really change the way people work and we are proud to have them join our program."

Atheer is dedicated to creating augmented reality technology to enhance the human experience.

Flextronics is a supply chain solutions company that delivers design, engineering, manufacturing and logistics services to a range of industries and end-markets.

Flextronics established the Lab IX Accelerator Program to support early stage disruptive technology companies incorporating hardware and software development.

More information:

atheerlabs.com

www.flextronics.com

www.labix.io

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Source: Professional Services Close - Up


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