VR Guru

Australian augmented reality content management company Plattar has secured AU$1.1 million (around US $842k) in a seed funding round from News Corp Australia, a major media company, according to a report. This is the first time News Corp Australia has ever made a seed investment in any business at all, said the conglomerate’s …

Florida-based Magic Leap, one of the companies considered to be at the forefront of augmented reality, is reported to have scooped up NorthBit, an Israeli software solutions provider. At this point, the sale price does not appear to have been made public. NorthBit was co-founded in 2012 by CEO Gil …

With smartphone companies like Samsung and HTC already cemented as major players in the virtual reality (VR) space and other companies such as LG also chipping in, it’s no surprise to see more firms announce new VR products. To that end, Chinese group Huawei has today revealed its own VR …

Japanese mobile giant Gree has created a new $12 million investment fund designed to help virtual and augmented reality developers take flight. Run by the developer’s San Francisco-based Gree VR Capital arm, the GVR Fund is aiming to fuel growth by investing in early-stage virtual reality, augmented reality, and mixed reality startups. The …

Medical Realities, a medical company that uses virtual reality (VR), augmented reality (AR), and special video games for surgical training will be hosting the world’s first ever VR live stream of a medical surgery tomorrow (April 14). “We are using virtual reality, augmented reality and serious games to change the …

Facebook has introduced the Surround 360, which captures 3D, 360 degree video using a total of 17 cameras and can output resolutions of up to 8K per eye. Unusually, Facebook will be making both the camera and processing software open source to give developers the opportunity to improve both. The Surround 360 itself features …

As the popularity of virtual reality (VR) continues to grow more developers are beginning to look at creating content for the emerging technology. Head-mounted displays (HMDs) from Oculus VR and HTC are slowly landing with customers building the install base attracting studios that may have been hesitant previously. Intugame – …

Marxent, the leading provider of virtual reality (VR) and augmented reality (AR) for retailers and manufacturers, today announced that it has closed $10 million in Series B funding. The round, led by Detroit Venture Partners (DVP) and Stage 1 Ventures, brings the total invested in Marxent to $14 million. The …