Wearable tech startup Wearable Intelligence has shovelled $8m in the direction of bringing Google Glass to the enterprise after the latest round of venture funding.

The latest round, led by Lightspeed Venture Partners, has been documented in this filing to the US SEC (Securities and Exchange Commission).

The California-based company, led by CEO Yan-David Erlich and president Ryan Junee, is squarely focused on utilising wearable technologies – particularly Google Glass – in enterprise situations, particularly energy and healthcare.

Each solution has four different products, which aim to tick all the boxes with regarding issues surrounding wearables in the workplace. The healthcare product is HIPAA-approved, while both healthcare and energy have enterprise-grade security backing them up.

Wearable technology in the enterprise has huge potential if security and privacy issues are overcome. As Ved Sen, mobility practice head for UK and Europe at Cognizant Technology Solutions wrote for WearableTech earlier this week, wearables in healthcare could help employee health across the board.

“Wearable technology could mean that rather than sending their CEOs for a check-up twice a year, they instead monitor CEO health remotely and consistently,” he wrote. “Information would be fed back to the board regarding a CEO’s exercise and sleep patterns and wearable devices could flag when the boss’s health is in decline.”

Wearable Intelligence brought Lightspeed partner Barry Eggers onto the board of directors, with previous funding coming from venture capital veterans Andreessen Horowitz, First Round Capital, Google Ventures, alongside Kleiner Perkins, Caufield & Byers, Initialized Capital and Subtraction Capital.

Find out more about Wearable Intelligence here.

Picture credit: Wearable Intelligence

 

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