Cylindo secured more capital from new and existing investors.
Cylindo, a Copenhagen, Denmark-based company providing a 3D product visualization platform, announced that is secured a new capital investment round.
The backing, valued at DKK 13M ($2M), was supported by new and existing investors, including Commerce VC and LiteCap as well as a range of angel investors such as David Helgason, Peter Hartzbech, Jens Karstoft, Mike Buckley, Oliver Kofoed Pedersen and Christian Legene.
Cylindo, founded in 2010 and led by CEO Janus Jagd, developed a 3D product visualization platform for e-commerce, providing photo-realistic visuals and tools to engage and convert audiences across channels, and transforming simple data and images into 4K photorealistic imagery.
The company works with retail customers including Ethan Allen and Living Spaces, brands like Century Furniture, Ligne Roset, and online-first players like Interior Define and is on an accelerated growing path, as it was doubling revenue two years in a row.
Prior to this round, Cylindo raised $1M in 2015.