philip lelyveld The world of entertainment technology

29Feb/16Off

Augmented Reality Computer Vision Startup Wrnch Gets $1.8M Series A Led By Mark Cuban

wrnchteam201507“As a diversified technology investor, I have a ring side seat to watch how AR/VR is set to change the world,” said Cuban in a statement.  “I am excited to help the wrnch become the go-to tool for computer vision development.”

This funding will allow Wrnch to weather the commercialization phase and prove the business model surrounding their core engine, Kruszewski says.

“We’re working with the various crackerjack computer vision team units on actual production stuff right now,” Kruszewski said. People running Wrnch’s engine will eventually be able to use it to “make mass market Magic Leap kinds of experiences” across devices.

See the full story here: http://techcrunch.com/2016/02/26/augmented-reality-computer-vision-startup-wrnch-gets-1-8m-series-a-led-by-mark-cuban/

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