Avegant's Future Looks Bright as It Lands $12 Million in Funding for Augmented Reality Displays

The display is one of the most critical components in augmented reality hardware, and on Tuesday, one of the companies making that component, Avegant Corp., closed a funding round of $12 million to support development of next-generation AR displays. Avegant's new funding comes as particularly good news for its team given the relatively tumultuous year for the company. In February, Avegant cut its staff down to about 20 employees in research and development and brought back founder Ed Tang to serve as CEO. Now, instead of pushing its display technology via development kits the company... more



from WonderHowTo https://ift.tt/2BYazjw
via IFTTT