Enterprise barcode scanner company Scandit has raised $80mn.
In Brief:
The Series C round was led by G2VP.
It also included Atomico, GV, Kreos, NGP Capital, Salesforce Ventures and Swisscom Ventures.
Scandit offers barcode scanning used for self checkout, on mobile apps and for online ecommerce.
What does this mean?
This round brings Scandit’s total raised to $123mn. The business already has big name customers such as DPD, FedEx, 7-Eleven and Levi Strauss & Co – now, it will use its funding to grow into new markets like APAC.