Meta, a Portola Valley, CA-based developer of Augmented Reality glasses, raised $23m in Series A funding.
The round was led by Horizon Ventures, Tim Draper, BOE Optoelectronics and Y Combinator partners Garry Tan and Alexis Ohanian, Danhua Capital, Commodore Partners and Zappos Founder Tony Hsiech’s Vegas Tech Fund.
Led by Meron Gribetz, CEO, Prof. Steve Mann, CSO, and Prof. Steve Feiner, Meta provides holographic glasses that see through display and allow users to see, create and interact with digital objects shown in physical space.
The company has shipped its first product, the Meta 1 Developer Kit after a $194k Kickstarter campaign that ran in June 2013 (read here). Coupled with independent funding, they raised a total of $2 million by the end of the campaign.
Now, over 1500 developers and companies such as the world’s largest architecture firm Arup, Salesforce and Stanford University based company, SimX are building augmented reality applications with its SDK.
Have an amazing project to share? Join the SHOW-AND-TELL every Wednesday night at 7:30pm ET on Google+ Hangouts.
Join us every Wednesday night at 8pm ET for Ask an Engineer!
Learn resistor values with Mho’s Resistance or get the best electronics calculator for engineers “Circuit Playground” – Adafruit’s Apps!
Maker Business — How Intel Makes a Chip
Wearables — Tape tactics
Electronics — Ground connections cooler via more vias
Biohacking — Itch Tracker for Apple Watch
No comments yet.
Sorry, the comment form is closed at this time.