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librestream.com

Founded Year

2003

Stage

Series D - II | Alive

Total Raised

$30.37M

About Librestream Technologies

Librestream Technologies develops mobile video collaboration solutions for energy, field service, manufacturing, and public sector industries. Deployed globally on over 10 million devices, the Onsight video collaboration platform brings the eyes and ears of experts into the field virtually to immediately resolve issues and assess environments.

Librestream Technologies Headquarter Location

895 Waverley St. Suite 110

Winnipeg, Manitoba, R3T 5P4,

Canada

ESPs containing Librestream Technologies

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Consumer & Retail / Retail Tech

These companies offer wearable devices and related software to assist hourly employees with tasks like remote inspection, auditing, file viewing, and intrateam communication. These products are typically AR/VR enabled and support real-time visual support, remote navigation, and AI-driven process automation.

Librestream Technologies named as Leader among 5 other companies, including RealWear, Theatro, and Orion Labs.

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Research containing Librestream Technologies

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Librestream Technologies in 1 CB Insights research brief, most recently on Mar 16, 2022.

Expert Collections containing Librestream Technologies

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Librestream Technologies is included in 2 Expert Collections, including Advanced Manufacturing.

A

Advanced Manufacturing

3,523 items

Companies focused on the technologies to increase manufacturing productivity, ranging from automation & robotics to AR/VR to factory analytics & AI, plus many more.

S

Store management tech (In-store retail tech)

376 items

Librestream Technologies Patents

Librestream Technologies has filed 3 patents.

The 3 most popular patent topics include:

  • Feature detection (computer vision)
  • Image processing
  • Photographic techniques
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/5/2019

1/25/2022

Image processing, Computer vision, Feature detection (computer vision), Photographic techniques, Digital photography

Grant

Application Date

9/5/2019

Grant Date

1/25/2022

Title

Related Topics

Image processing, Computer vision, Feature detection (computer vision), Photographic techniques, Digital photography

Status

Grant

Latest Librestream Technologies News

Librestream closes new strategic financing

Feb 17, 2021

On: Canadian Business Growth Fund (CBGF), an existing investor, also participated in the financing. The strategic investments facilitate deeper learnings for Librestream and enable the groups to work together advancing transformation initiatives across industries, said Librestream. Honeywell’s strategic investment expands on its existing partnership with Librestream, while Evergy Ventures begins a new relationship with Librestream to accelerate digital transformation within the energy sector. Winnipeg, Manitoba based Librestream transforms workforces through advanced AR and AI solutions that scale knowledge across businesses to enhance safety, efficiency and resiliency. photo credit: Librestream Technologies Honeywell and Evergy Ventures Invest in Librestream to Advance Industrial Workforce Transformation Librestream’s industry-leading augmented reality knowledge platform, Onsight, identified as key enabler for immediate and long-term transformation initiatives Feb. 9, 2021, WINNIPEG, MB – Librestream, the leading provider of augmented reality (AR) and remote collaboration solutions, secures strategic investments from Fortune 100 technology company, Honeywell (NYSE: HON), and Evergy Ventures, a nonregulated subsidiary of leading U.S. energy company, Evergy (NYSE: EVRG). The strategic investments facilitate deeper learnings for Librestream and enable the groups to work together advancing transformation initiatives across industries. President and CEO of Librestream, John Bishop, explained, “While Industry 4.0 initiatives traditionally focused on digitizing factories and facilities, the business impact of remote workforce digitization is drawing increased attention at the executive level. Honeywell and Evergy Ventures recognize both the vital importance of workforce transformation as a fundamental part of their strategy and our expertise in remote expert assistance. We will draw from their experience and leadership positions to inform and accelerate our growth strategies.” Honeywell’s strategic investment expands on its existing partnership with Librestream, while Evergy Ventures begins a new relationship with Librestream to accelerate digital transformation within the energy sector. Through their research, Evergy Ventures identified Librestream as the top provider of remote expert and knowledge management tools. Librestream stood out from competitors across high impact use cases including “see-what-I-see” remote inspections, digital workflows, learning and training, knowledge capture and analytics, and hands-free operation. “The energy sector is undergoing profound transformations enabled by new emerging technologies. We invest in companies that make this transformation more accessible, efficient, and valuable for our utility and customers,” said Dennis Odell, Vice President of Evergy Ventures. “Our strongest partnerships come from growth equity investments in revenue-generating businesses that are primed for expansion, and Librestream squarely hits those marks. This strategic partnership gives us a direct line of sight into the market and into a solution that is hugely transformative, drives operations and maintenance efficiencies, increases safety, and can be deployed at scale.” Charles Vaslet, Partner at clean tech venture capital firm, Emerald Ventures, a Librestream investor since 2016 adds, “These strategic investments from Honeywell and Evergy are a clear indication of the value placed on workforce transformation initiatives at scale. Adoption of remote workforce solutions were growing strongly prior to COVID-19, and the pandemic served as a catalyst for further demand. We expect these strategic investments will inspire further growth at scale across industries, and positions Librestream for expedited growth.” About Librestream Librestream transforms workforces through advanced AR and AI solutions that scale knowledge across businesses to enhance safety, efficiency and resiliency. With the Onsight augmented reality knowledge platform, Librestream helps workers and distributed teams gain immediate access to the content, people, relevant data, and guidance needed to solve business challenges. Librestream’s global Forbes 2000 customer base includes energy, manufacturing, service, aerospace, and defense enterprises with aggregate annual revenues totaling $3.2T. The company has been honored with recognition including ranking as the #1 AR remote assistance solution provider by independent research firm, Verdantix, named an IDC Innovator, and winner of the Field Service WBR Innovation Award. Visit Librestream at www.librestream.com and connect with us on LinkedIn, Facebook & Twitter. Librestream Press Kit: https://www.dropbox.com/sh/a42jxspe0x7c4cc/AAAoQlFyzlflI2E19FxaH1Uva?dl=0 Contacts

Librestream Technologies Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Librestream Technologies Rank

  • When was Librestream Technologies founded?

    Librestream Technologies was founded in 2003.

  • Where is Librestream Technologies's headquarters?

    Librestream Technologies's headquarters is located at 895 Waverley St., Winnipeg.

  • What is Librestream Technologies's latest funding round?

    Librestream Technologies's latest funding round is Series D - II.

  • How much did Librestream Technologies raise?

    Librestream Technologies raised a total of $30.37M.

  • Who are the investors of Librestream Technologies?

    Investors of Librestream Technologies include Honeywell, Evergy Ventures, Emerald Technology Ventures, Export Development Canada, BDC Capital and 6 more.

  • Who are Librestream Technologies's competitors?

    Competitors of Librestream Technologies include Taqtile, KIT-AR, ProGlove, MAXST, RealWear, RE'FLEKT, VIRNECT, Holo-Light, Oculogx, VSight and 24 more.

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