Accenture Makes Strategic Investment in Touchcast
Accenture has made a strategic investment, through Accenture Ventures, in Touchcast, a leading virtual experience company.
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The COVID-19 pandemic has dramatically accelerated the need to reimagine the way we meet, connect and collaborate with each other. Touchcast harnesses the power of artificial intelligence and mixed reality to provide a virtual event platform that goes beyond a static online video experience, creating an immersive and interactive experience.
Having already teamed on several projects together, the companies’ relationship is deepening as Touchcast joins Project Spotlight, Accenture Ventures’ immersive engagement and investment program that connects emerging technology software startups with the Global 2000 to fill strategic innovation gaps.
Project Spotlight offers extensive access to Accenture’s deep domain expertise and its enterprise clients, helping startups harness human creativity and deliver on the promise of their technology. Through the program, Touchcast will co-innovate with Accenture at its Innovation Hubs, Labs and Liquid Studios to bring its solutions to market more quickly and effectively.
Edo Segal, founder and CEO of Touchcast, added, “Accenture Ventures’ investment and our participation in its Project Spotlight program will add rocket fuel to our ability to support our enterprise clients, helping to meet their current – and future needs – at Accenture scale. Touchcast is leading a once-in-a-generation explosion of innovation in the communication and collaborations space. Together with Accenture, we offer a powerful combination of services and a cutting-edge technology platform.”
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