2018 returned to more normal levels of deal flow and dollars invested globally, but the first two quarters of 2019 could set the tone for AR/VR investment.Read More
Tag: AR/VR
AR/VR market transition begins as startups raise record $3.6 billion
GUEST: Augmented and virtual reality startups raised over $ 3.6 billion from venture capitalists and corporates in the last 12 months to the end of Q1 2018, setting a new record. Over three-quarters of a billion dollars was invested in the first three months of this year alone. A fundamental transition in the fundraising market […]
USC’s Creating Reality hackathon tackles AR/VR projects starting March 12
Don’t be surprised if you’re strolling by the University of Southern California campus and you see see 400 people decked out in virtual reality headsets next week. The university is hosting Creating Reality, its first VR/AR hackathon. It’s a four-day event that’s sponsored by USC, Intel, Microsoft, AT&T, and HP. It will…Read More
AR/VR Weekly: Microsoft charges in
Well, well, well, look who is today’s hero in virtual reality world. No, it’s not Facebook. It’s not HTC or even Sony. It’s … Microsoft, and it signals that one of the other big megacorps in tech is ready to dive deeper into the emerging scene around VR, augmented reality, and mixed reality. Tuesday, Microsoft […]
AR/VR Weekly: One mega-corp to rule them all
Amazon. Apple. Google. Microsoft. These four corporations, our Chris O’Brien writes, are fighting for one thing: Controlling how we interact with tech, in every single way. Google just gobbled up HTC’s phone division. Apple’s iOS 11 and ARKit have brought augmented reality to millions of phones, and an AR-enabled game has already hit the top spot in the […]
AR/VR Weekly: Making people’s lives better
The big news of the week is HTC’s decision to lower the price of its Vive virtual reality headset. The device now costs $ 600, making it $ 200 cheaper and closer to the Oculus Rift and Touch’s $ 400 price. Our friends at UploadVR have an editorial on whether you should buy it now. But […]
Here Be Dragons AR/VR studio gets $10 million funding from Discovery Communications
You might not have heard of Here Be Dragons before, but you’ve probably heard of some of the projects the it’s worked on. Today, this VR and AR production studio is announcing the closure of a $ 10 million series A round of funding. Discovery Communications led this investment. Here Be Dragons has been creating […]
AR/VR Weekly: RIP, Altspace
Social virtual reality — online spaces where you can interact with others using VR headsets such as the Oculus Rift or the Samsung Gear — is at the forefront of innovation in this growing but still young sector. But one of the most important companies working in this space is shutting down even as we’re […]
AR/VR Weekly: Headsets and glasses go beyond games
We often focus on the video game angle when it comes to augmented and virtual reality. We’re GamesBeat, after all. But sometimes, we break out of that narrow focus to look at some of the other uses for VR — and one of the most intriguing is health care. At Children’s Hospital in Los Angeles, […]
AR/VR Weekly: Surviving the desert
Venture capital is still out there for augmented and virtual reality studios, but they’re finding it continues to be a challenge to get enough consumers to pony up for games on the Oculus Rift, HTC Vive, PlayStation VR, and mobile platformers. In a recent interview from the Gamelab event in Spain, GamesBeat lead reporter Dean […]