Cintoo Raises €5.3 Million in Series A  

by Kay Aloha Villamor in January 31st, 2022

Cintoo, a Sophia Antipolis, Biot-based that develops technologies and solutions for managing and leveraging the 3D data coming from Reality Capture devices in the cloud, raised €5.3 million (c.£4.4m) in Series A funding to improve its Software as a Service (SaaS) platform. 

The investment was secured from AMAVI Capital, Armilar Venture Partners, Accenture Ventures, UI Investissement, and Region Sud Investissement. 

This Series A round will enable Cintoo to continue its international development and to establish itself as the world leader in cloud-based solutions to empower reality data on demand.

Company: Cintoo US, Inc.

Raised: €5.3M

Round: Series A

Funding Month: January 2022

Lead Investors: AMAVI Capital, Armilar Venture Partners, Accenture Ventures, UI Investissement, and Region Sud Investissement

Additional Investors:

Company Website: https://cintoo.com/

Software Category: Point cloud management

About the Company: Cintoo develops technologies and solutions for managing and leveraging the 3D data coming from the digitization of the real world (Reality Data) in the cloud. Cintoo’s core technology development started in July 2013 with 3 PhDs. The goal was to find a new method to manage massive point clouds efficiently via the cloud, leveraging streaming and compression algorithms. This core technology was then later embedded in the Cintoo Cloud platform, which was first released in late 2018.​ Cintoo Cloud allows users to stream huge 3D data from any desktop or laptop via a web browser and provides the tools and technology to compare scans to CAD models or scans to scans and enable large-scale collaboration and management of the Reality Data. Cintoo’s vision is to become the world leader in cloud-based solutions to empower Reality Data On-Demand.

 

Source:  https://buildindigital.com/cintoo-secures-4-4m-investment-to-improve-saas-platform/

 

 


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