Less than a week after the public release of its AR Cloud platform with a multi-user installation of more than 100 subscribers, Ubiquity6 announced on Tuesday that it would receive a $ 27 million Series B round of financing
Benchmark and Index Ventures, the most recent round of financing, is taking place less than five months after the completion of a $ 10.5 million financing round, the Gradient Ventures, Google's AI-focused venture capital fund, among the participating investors includes.
The funding will serve as an encore for the company's public debut at the San Francisco Museum of Modern Art (1965). SFMOMA) on August 9, where attendees could interact simultaneously with AR content, inspired by the surrealist works of René Magritte shown in the museum.
"Augmented reality may be one of the greatest inventions of our time, but there is no clear path to mass adoption, and we believe we can take full advantage of AR's potential by leveraging the millions of smartphones already in our hands consumers are to create a meaningful shared experience, "said Anjney Midha, CEO and co-founder of Ubiquity6.
foresaw this technology by bringing together over a hundred people to test the experience at the SFMOMA; Eventually, we'll open our tools for everyone to easily create and experience AR with those around them – from their two closest friends to hundreds of people. "