Audio and Video

Video: Augmented Reality Startup Ubiquity6 Gets $27 Million in Funding

15 August 2018

Augmented reality promises to bring a new type of entertainment or capabilities to our everyday lives.

Whether it is through dedicated goggles or through apps on a smartphone, the technology is garnering attention for bringing new experiences to sports and entertainment venues, new ways to interact with friends and family or playing games with a twist. Augmented reality is finding more practical uses in construction, helping firefighters battle blazes, making surgeries and medical procedures easier and pinpointing work that needs to be done in industrial electronics in a mixed reality setting.

Not surprisingly, augmented reality is becoming a big deal for companies such as Facebeook, Apple, Google, Samsung, Intel and more. But the rise in this emerging technology is leading to startups getting in on the action as well in an effort to grab a piece of the market.

That includes Ubiquity6, which recently announced it had raised $27 million in Series B funding led by Benchmark Capital and Index Ventures.

Ubiquity6 is focusing on AR that can unlock new ways for humans to interact. The company is focused on AR where computer vision allows anyone with a smartphone to see the same reality as everyone else in real time. It is also focused on multiplayer networking or computer vision that can make this shared experience easier. And a spatial browser to search, discover and launch AR experiences with friends and family instantly.

The funding will be used to grow the team working on the technology as well as bring these focuses to fruition in useful ways in shared spaces.

To contact the author of this article, email PBrown@globalspec.com


Powered by CR4, the Engineering Community

Discussion – 0 comments

By posting a comment you confirm that you have read and accept our Posting Rules and Terms of Use.
Engineering Newsletter Signup
Get the Engineering360
Stay up to date on:
Features the top stories, latest news, charts, insights and more on the end-to-end electronics value chain.
Advertisement
Weekly Newsletter
Get news, research, and analysis
on the Electronics industry in your
inbox every week - for FREE
Sign up for our FREE eNewsletter
Advertisement
Find Free Electronics Datasheets
Advertisement