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Home / Tips and Tricks / Lyft acquires Blue Vision, Google & Samsung invests in AR, & Epic Games receives massive round of financing «Next Reality

Lyft acquires Blue Vision, Google & Samsung invests in AR, & Epic Games receives massive round of financing «Next Reality



With the would-be unicorns Magic Leap and Niantic, Google is actively investing in augmented reality technology. This week, the search giant witnessed both phases of the investment cycle with Lyft's exit from Blue Vision Labs and a resolution game funding round.

Meanwhile, Samsung and others have supported a startup founded by former Google employees. That came out with an AR remote collaboration app this week, and Epic Games scored high with its own round of financing.

Not all AR Business News was good news this week as Leap Motion and Executive Keiichi Matsuda split

Lyft Brings Blue Vision Labs and its AR Cloud Platform for $ 1
02 Million Announced

Am On Tuesday, Blue Vision Labs, one of three Google-supported AR cloud platforms, announced its acquisition by Ride-Sharing

The ultimate acquisition target is autonomous vehicles, with Blue Vision becoming Lyft's London office and department 5 of the company dedicated to the development of self-propelled technology.

In the near future, the Blue Vision platform will provide augmented reality capabilities for Lyft's mobile app. Read more about learn how …

REALITY BITES : Outgoing Snap COO Imran Khan has so large shoes to fill that the company has hired two people to replace him. Recode reports that Jeremi Gorman, Amazon's former global advertising marketer, will assume a similar role at Snap as Chief Business Officer, while Jared Grusd, currently CEO of Huffington Post, will lead partnerships, content and enterprise development [19659004] Resolution Games Reaches $ 7.5M Funding Round

On the way to an augmented reality game for Magic Leap, Resolution Games has funded another $ 7.5 million through a Series B round.

Round led by MizMaa Ventures, with new investors including venture capital firms GP Bullhound and Fly Forever and Unity founder David Helgason. Existing investors who participate in the round include GV (Google Mother Alphabet's investment arm), Partech, Bonnier Ventures, Creandum, and Sisu Game Ventures

Continue reading What Resolutions Games Are To An Attractive AR Investment makes like other AR companies in Google's investment portfolio …

REALITY BITES : The AR design app maker WiARframe was among the 10 tech startups working on the TechStars-enabled Comcast NBC Universal LIFT Labs Accelerator participated. Universal Studios executives, Universal Theme Parks, DreamWorks, Comcast Business, Strategic Development, Comcast Ventures, and LIFT Labs, as well as the teams that build XFINITY's products and services, acted as mentors to the event.

Samsung among Investors in $ 8M Seed Round for Spatial's Remote Collaboration App

The Spatial startup, which came out of Tarnkappa on Wednesday, unveiled its eponymous app that turns every room into a virtual workspace in which Remotely interact with Magic Leap One and HoloLens, as well as the Oculus Rift and HTC Vive VR headsets.

Spatial already has a prominent customer: Ford X, an internal technology incubator at Ford, uses the app in a pilot program to connect its distributed employees.

In addition to launching its app, Spatial announced that it would have a startup funding of $ 8 million with iNovia Capital, Garrett Camp with Expa, Samsung Next, Joi Ito, Mark Pincus and An dy Hertzfeld among investors

Continue to to learn more about Spatial App and how it represents the next generation of Enterprise AR software …

REALITY BITES : Before the European edition of the Augmented World Expo (AWE) last week The organizers of the conference took the time to showcase the best technology. Vuzix and XMReality were among the winners of the third annual AWE EU Auggie Awards

Leap Motion Say Goodbye to VP Keiichi Matsuda

After just over a year at motion tracking technology maker Leap Motion, Keiichi Matsuda The US – American Matsuda has become known as a designer and filmmaker (and member of the NR30) mainly through his video Hyper – Reality, which is a portrayal of Future of Augmented Reality Overkill

Continue reading to Learn about Matsuda's contributions to Leap Motion and how the rest of the Augmented Reality industry can benefit from its transition …

Picture by Keiichi Matsuda / Twitter

REALITY BITES : Developer, you have a good idea f r an extended re Alice app? Mapbox wants you to place your code where your mouth is. In partnership with Amazon Web Services, the company will be presenting the Vision Developer Contest for the AWS: ReInvent top prize in November with the grand prize of a fully paid travel trip. First 500 Participants Receive $ 50 in AWS Credits

Epic Games Increases $ 1.25B on Fortnite & Unreal Engine Strength

Nowadays it is better known for the cross-platform gaming sensation Fortnite, Epic Games also makes Unreal Engine , one of the leading development environments for 3D content and thus also augmented reality and virtual reality experiences.

As a result, the company entered into a staggering $ 1.25 billion round of financing with KKR, ICONIQ Capital, Smash. Ventures, auxiomatic, Vulcan Capital, Kleiner Perkins and Lightspeed Venture Partners are participating.

Next Read to find out why Epic Games is a smart AR bet for investors …

Every Friday, Next Reality reviews the latest headlines from the financial side of the expanded and mixed reality. This weekly Market Reality column includes financing announcements, mergers and acquisitions, market analysis and the like. See earlier editions of Market Reality for more news that you may have missed.

Cover picture about Blue Vision Labs


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