Attensi Raises $26M from Lugard Road Capital and VenturesButcher for Expansion
Attensi, a leading provider of immersive training solutions for the enterprise, has recently announced the successful closing of a Series B funding round led by Lugard Road Capital and VenturesButcher, raising $26M in total. The fresh capital injection will be used to fuel the company’s international expansion and to further develop its platform.
Overview of Attensi
Attensi is a Norwegian software company that provides immersive training solutions for the enterprise. Founded in 2015, the company has quickly become a leader in the field of virtual reality (VR) and augmented reality (AR) training, utilizing the latest technology to create interactive, realistic simulations of various scenarios. Attensi’s solutions are used by several Fortune 500 companies, as well as smaller organizations and governments, to train employees in a wide range of fields, from customer service to health and safety.
Funding Details
The $26M Series B funding round was led by Lugard Road Capital and VenturesButcher, with participation from international venture capital firms and angel investors. Attensi CEO and co-founder Jon-Arne Riise commented on the investment: “This is an exciting and important milestone for Attensi and a big step forward in our mission to revolutionize how people are trained.”
Expansion Plans
The fresh capital injection will be used to fuel the company’s international expansion and to further develop its platform. Attensi is currently expanding its operations to the United States, the United Kingdom, Germany, and the Nordic countries, with plans to enter additional markets in the near future. The company is also looking to increase its team and develop new features, such as personalization and analytics, to make its platform even more effective.
Benefits of Immersive Training
Attensi’s immersive training solutions have several advantages over traditional training methods. Firstly, it allows employees to practice in a safe and realistic environment, without the risk of making mistakes or causing harm. Secondly, it is more engaging and entertaining, thus resulting in improved knowledge retention. Finally, it is cost-effective, as it can be used to train large numbers of employees simultaneously.
Conclusion
Attensi’s recent $26M Series B funding round is a major milestone for the company, and will enable it to expand its operations and further develop its platform. With its immersive training solutions, Attensi is revolutionizing the way employees are trained, providing a more efficient, engaging, and cost-effective way to learn.
