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Librestream
Augmented reality platform for frontline worker collaboration
About Librestream
Librestream Technologies Inc. provides an augmented reality (AR) platform focused on enterprise collaboration for the industrial workforce. The company was founded in 2003 in Winnipeg, Canada, by Kerry Thacher. The founding group, which included several professionals from the former Winnipeg office of Symbol Technologies, aimed to extend videoconferencing capabilities to remote and challenging work environments like manufacturing plant floors and offshore rigs. John Bishop has served as President & CEO since 2019.
Librestream's core offering is its Onsight platform, an augmented reality solution designed for industrial and field service workers. The platform includes several components: Onsight Connect for remote expert assistance, Onsight Flow for digital work instructions, and Onsight Workspace for knowledge management. It facilitates real-time collaboration through live video, audio, and AR tools like on-screen drawing and IoT data overlays. The platform is device-agnostic, running on smartphones, tablets, PCs, and wearables, and is designed to operate in low-bandwidth conditions. The company also offers hardware, such as the Onsight Cube, an industrial wearable with both HD optical and thermal imaging cameras for hazardous environments.
Librestream serves clients in sectors such as manufacturing, energy, aviation, and healthcare. The company generates revenue through its enterprise software solutions, and since the COVID-19 pandemic, has seen a significant increase in usage. Librestream has raised over $55 million in funding through multiple rounds, with investors including the Canadian Business Growth Fund, Export Development Canada, and Honeywell. The firm's stated goal is to enhance worker safety and efficiency, reduce operational costs, and create a centralized knowledge base for its enterprise clients.
Source: Dealroom company dataAt a glance
- Founded
- 2003
- Headquarters
- Winnipeg, Canada
- Sector
- Other B2B Software
- Power Law
- Colt$25–100M revenue
Knowledge graph
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Emerald Technology Ventures
Series B and later4 investors entered at this stage
Canadian Business Growth Fund
Export Development Canada
PenderFund Capital Management
BDC Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
across markets
Market sentiment
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