After a series of news, the manufacturer of Smartglasses, North, still has investor confidence, as evidenced by its recent round of financing.
As far as Smartglasses are concerned, Google will continue to sue businesses for consumers, as the technology giant announced The Next Generation of Glass Enterprise Edition.
In the meantime, one major educational publisher takes over AR, while one computer vision startup bought another to build its own AR platform.
Smartglasses Maker North completes $ 40 million financing.  Despite recent employee layoffs, Canadian smartglasses startup North and its focals are likely to remain in the game for a while longer.
On Sunday, a Canadian newspaper published a report alleging that the company had recently failed $ 40 million in cash for new investments, a financial lifeline that could help the company stay afloat while it was continues to add new features to its flagship product.
Continue reading to learn more about t the deal and what the financing states about the future of North …
REALITY BITES: Snap fills another gap from his recent exodus as Chief Financial Officer and appointed Derek Andersen Vice President of Finance, cleared by Tim Stone earlier this year. Lara Stone, who served as interim CFO, becomes Chief People Officer.
Google revamps Glass Enterprise Edition with Snapdragon XR1
While the tech world is patiently waiting for the emergence of mainstream consumer smart glasses, Google is content to stick to it the business world (for now).
Almost two years after Glass's reorientation to Enterprise with its Enterprise Edition, Google unveiled the continuation of its Smartglasses on Monday, running wearables on Android and Qualcomm's Augmented Reality Snapdragon XR1 chipset.
More information on the next issue of Glass and the Business Reception for the Smartglasses …
REALITY BITES: The growth of augmented reality means that demand for developers is also growing. Jake Blakeley, an AR product designer for Facebook, who has cut his teeth at Spark AR, gives his advice for moving to 3D development.
McGraw-Hill pursues augmented reality for higher education.
McGraw-Hill, who offers augmented reality solutions from Apple and Google for schools, is stepping up his own efforts to build augmented reality education apps for chemistry-level colleges through a National Science Foundation research grant ,
REALITY BITES: It's no secret that Apple is an augmented reality team but recruitment efforts have increased dramatically over the past year. According to Thinknum currently has 33 vacancies for its AR team focused on market research, resale and retail applications.
Streem Acquires Computer Vision Peer Selerio
There is no shortage of augmented reality platforms for remote video support, but Startup Streem wants to upgrade its offering with an infusion of new technologies.
This week, Streem announced that it has acquired Selerio, a computer vision startup with technology that enables occlusion and object recognition for AR apps.
Next Reality reviews every Friday the latest headlines from the financial side of Augmented and Mixed Reality. This weekly Market Reality column contains funding announcements, mergers and acquisitions, market research and the like. In earlier editions of Market Reality you'll find more news that you may have missed.