Tuesday , 22 January 2019
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Box acquires interactive 3D viewing startup Verold, will integrate tech into its enterprise platform

Box acquires interactive 3D viewing startup Verold, will integrate tech into its enterprise platform

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Box today announced it has acquired Verold, a startup that develops a cloud-based 3D model viewer and editor for mobile devices and the web. The Verold team will join Box and will integrate 3D conversion and previewing directly into Box’s enterprise content collaboration platform.

Founded in 2010, the Toronto-based startup has built an online visual editor for rendering 3D content into interactive presentations on the web. Verold’s solution uses WebGL, a JavaScript API for rendering interactive 3D computer graphics and 2D graphics in the browser without needing plugins.

Verold’s content creation and editing tools for interactive projects have broad applications for information workers:

  • Engineers can share 3D product designs across a global manufacturing supply chain to reduce the time-to-market for new products.
  • Educators can create immersive, interactive experiences of complex models as a supplement to traditional drawings and static diagrams for engaging students.
  • Marketers can create and collaborate on interactive demonstrations of products that engage consumers, making it easier to understand key features and benefits that are difficult to communicate in traditional 2D formats.

Here is an example (more are available here):

Box co-founder and chief executive Aaron Levie explains how he envisions the acquisition of Verold will help his company change how people in various industries access information online and digitize their business processes:

Take for example a commercial construction contractor, faced with the challenge of collaborating on multiple projects at once with partners and contractors, or previewing detailed design drawings when in the field. Or an athletic wear retailer tasked with delivering the latest product design iterations across geographically dispersed teams. Being able to perform these workflows, right from a web browser, without having to download any additional software is a game-changing proposition in many industries.

In short, Box wants to offer its 45,000 enterprise customers new ways to preview, annotate, and collaborate on their “mission-critical information.” It makes sense; Verold already has big enterprise partners like Amazon, Pearson Education, Mixamo, and Autodesk.

Box was founded on a simple, powerful idea: it should be easy for people to access, collaborate, and share all their content, wherever they are. Co-founders Aaron Levie and Dylan Smith, along with our fast-growing team, have since esta… read more »

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