ThirdEye Announces Creation of Fund to Provide AR/MR Software Startups With Necessary Funding to Further Industry Growth

This article was originally published on GlobeNewswire on Tuesday May 18th, 2021 and can be found at this link.

Aligning with ThirdEye's mission to provide end-to-end AR solutions, qualifying software companies can now apply to receive funding from the ThirdEye Investment Fund

PRINCETON, N.J., May 18, 2021 (GLOBE NEWSWIRE) -- ThirdEye, a leader in augmented and mixed reality enterprise solutions, today announces its creation of the ThirdEye Investment Fund, which allows for AR/MR software companies to become eligible for investment opportunities to further overall industry growth.

ThirdEye will actively aid in the growth of qualifying AR/MR companies while enabling strong joint partnership and marketing opportunities, such as sharing of leads, marketing, sales and support.

As ThirdEye grows, it is important that we also bolster other AR/MR companies in the space – especially those making software that is crucial to our target market of enterprise customers," said Nick Cherukuri, CEO and founder of ThirdEye. "Enterprise customers want a full end-to-end AR/MR solution, and no single company is poised to meet all these specialized requirements, but if we all work together, we can meet the needs of enterprise customers and provide a convenient and lightweight AR solution."

ThirdEye regularly works with a wide variety of enterprise clients, including those in the healthcare, field services and military spaces, and is very familiar with the software needs of industries. ThirdEye plans to review applicants holistically, and there are no revenue or size requirements to apply for the grant. The company's internal advisory board will evaluate applicants based on the need for particular software applications within the enterprise space, as well as the functionality of the software. They will also consider applicants' financial information. The investment amount received will range depending on the company's stage, and funding starts at $50K.

Companies interested in applying can visit and fill out a form submission to get started.