Lagoa, the 3D cloud platform company, today announced it closed a $5.3M Series A round. The financing was led by Atlas Venture, and including Siemens and Real Ventures.
“Everything you see around you has been designed In 3D using CAD software. With Lagoa we’re bringing it all to the cloud with an amazing, collaborative, real-time cloud engine that runs right in your browser and can be used by teams in engineering and design, and extended all the way into an e-commerce or 3D printing experience,” said Fred Destin, a partner at Atlas Venture.
“The growth of Lagoa’s community reflects the appeal of cloud solutions for 3D design. Most exciting is the opportunity created by Lagoa to revolutionize how product visuals are used throughout the product lifecycle,” said Chuck Grindstaff, CEO and President at Siemens PLM Software. “Lagoa is well targeted to our traditional PLM customers and opens new market opportunities in the design of fashion and beauty products, as well as e-commerce opportunities using the company’s open API to create interactive photoreal 3D experiences. For these and other customers, the Lagoa 3D cloud platform significantly speeds 3D rendering and design process collaboration, and helps drive new products to market even faster.”
The funding will be used to further advance Lagoa’s 3D cloud technology, and expand the company’s sales and marketing efforts.
Lagoa utilizes the power of cloud processing for photoreal 3D visualization and collaboration, and allows developers to create their own applications via their API library. Fast and powerful, Lagoa enables 3D artists, designers, engineers, architects and advertisers to collaborate while rendering and finalizing spectacular 3D content.
By Lolita A. Alford