- Acquired by Snap for $35M, Dec 2016
- Raised $954k convertible note led by OurCrowd, Aug 2016
- Raised $954k convertible note led by OurCrowd, Jul 2015
About
Cimagine Media was an Israeli startup specializing in augmented reality (AR) solutions. Their technology, known as True Marketless Augmented Reality, enabled users to visualize 3D models of products, such as furniture and appliances, within their real-world environment using a smartphone or tablet camera. This platform was designed to enhance sales tools, improve sales efficiency, and provide an interactive experience for customers of brands, retailers, and manufacturers. Cimagine was founded in 2012 by Yoni Nevo, Nir Daube, and Ozi Egri. The company was acquired by Snap Inc. (Snapchat's parent company) in December 2016 for an estimated $30-$40 million, becoming Snap's research and development center in Israel.
Funding history · 5 rounds · $2.6M total
Headcount over time
Q&A
- What is Cimagine Media's primary business?
- Cimagine Media offers an Augmented Reality (AR) visualization platform for brands, retailers, and manufacturers to enhance sales tools and pitches.
- When was Cimagine Media founded?
- Cimagine Media was founded in August 2012.
- What is the current status of Cimagine Media?
- Cimagine Media was acquired by Snap in December 2016 and is currently inactive.
- Who acquired Cimagine Media?
- Cimagine Media was acquired by Snap in December 2016.
- What was the total amount raised by Cimagine Media before its acquisition?
- Cimagine Media raised a total of $2,638,180 USD.
- Which investors participated in Cimagine Media's funding rounds?
- Investors in Cimagine Media's funding rounds included PLUS Ventures.
- Who are the co-founders of Cimagine Media?
- The co-founders of Cimagine Media are Yoni Nevo (Co-founder & CEO) and Nir Daube (Co-founder & VP Product).
- What is Cimagine Media's employee count?
- Cimagine Media has an employee count in the 1-10 range.
Team · 2
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | www.cimagine.com |
|---|---|
| linkedin.com/company/5028758 | |
| facebook.com/CimagineMedia | |
| YouTube | youtube.com/channel/UCbHqFZA94FCg4O_k4nJOC1g |
Identifiers & details
| Founded | 2012-8 |
|---|---|
| Employees (exact) | 5 |
| Status reason | Acquired (Inactive) by Snap on Dec 2016 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Snap 2016-12 $35.0M
Radar intelligence
Patents
| EPO | 2 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 514809151 |
|---|---|
| Status | מחוסלת מרצון — CLOSED |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2012-08-14 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2017 |
| Active charges / liens | 0 |
| Registry events | 0 |
| Registered address | שני 5 שמשית |