8th Wall raises $2.4 million for augmented reality tools
8th Wall has raised $2.4 million in funding to make a suite of tools for building augmented reality applications. The Palo Alto, California, company’s twist is that 8th Wall believes its tools can help build apps that run on 90 percent of all smartphones. It works with or without supporting native AR frameworks, such as Google’s Tango or Apple’s ARKit.
8th Wall has a team of seven people, including alums from Google and Facebook, with backgrounds in computer vision, image processing, music, and messaging.
Investors include Norwest, the VR Fund, SV Angel, Greylock, Betaworks, and Third Kind. Murphy-Chutorian cofounded the company in August 2016.
See the full story here: https://venturebeat.com/2017/08/28/8th-wall-raises-2-4-million-for-augmented-reality-tools/