Matterport Raises Series D Funding To Expand 3D Model Database

Avatar Chelsea Mercer, Analyst Client-Only, Enterprise Transformation, Enterprise xR Intelligence Service, Insight Articles, Software, Virtual Reality

Immersive technology company Matterport, announced a Series D funding total of $48M on March 5th. Investment firms DCM Ventures, Qualcomm Ventures, and Lux Capital led this funding round, which will enable the expansion of Matterport’s database of 3D scenes and models, and improve the accuracy of its 3D capture technology, by refining its AI engine that converts 2D images into … Read More

Magic Leap and SK Telecom Join Forces to Strengthen Spatial Computing Market

Clifton Dawson, CEO Clifton Dawson, CEO Augmented Reality, Augmented Reality Intelligence Service, Client-Only, Devices & Technology, Enterprise Transformation, Enterprise xR Intelligence Service, Head-Mounted Displays, Insight Articles, Telecommunications

Magic Leap Machine Learning

The following is part of our Augmented Reality Intelligence Service, which includes data, analysis, and insights about augmented reality and related technologies. Korean Telco SK Telecom has signed a partnership agreement to become the exclusive telecommunications partner of Magic Leap in Korea. The agreement includes provisions that allow the companies to deliver the Magic Leap’s spatial computing platform to SK Telecom customers.

Industrial VR’s New Entrant: Assessing the Varjo VR-1 HMD

Avatar Greenlight Insights Client-Only, Devices & Technology, Head-Mounted Displays, Insight Articles, Virtual Reality, Virtual Reality Intelligence Service

The following is part of our Virtual Reality Intelligence Service, which includes data, analysis, and insights about virtual reality and related technologies. Since its founding in 2016, Varjo, the VR headset startup based in Helsinki, Finland, has raised $46M in venture capital to start production of its VR-1 headset. Varjo says the VR-1 is the world’s first human eye-resolution virtual reality device. … Read More

Cinemark Deploys First VR Installation, Plans of Expansion Across Cinema Theater Chain

Alexis Macklin, Research Manager Alexis Macklin, Research Manager Client-Only, Insight Articles, Location-Based Entertainment, Location-Based xR Intelligence Service, Media & Entertainment, Virtual Reality

The following is part of our Location-Based xR Intelligence Service, which includes data, analysis, and insights about the use of virtual and augmented reality at arcades, family entertainment centers, cinemas, theme parks, shopping malls, museums, and other venues. In a move toward market differentiation, Cinemark has opened its first VR installation, in partnership with Spaces in San Jose, California. This location … Read More

SPIE Photonics West: Augmented Reality Highlights

Avatar Youngshin Kim, Analyst Augmented Reality, Augmented Reality Intelligence Service, Client-Only, Devices & Technology, Insight Articles, Semiconductors

The following is part of our Augmented Reality Intelligence Service, which includes data, analysis, and insights about augmented reality. SPIE Photonics West is a leading global event for biomedical, optics, and lasers technology, held in San Francisco annually during the first weekend of February. During the conference, SPIE held a separate exhibition just for immersive technology where several companies showcased their … Read More