Lightform Inc., an augmented reality hardware company, is announcing a $5 million round of funding led by Lux Capital. Other participants in the round include Dolby Family Ventures, CrunchFund, Comet Labs, Presence Capital, and Anorak Ventures. Lightform is using the capital to fund the manufacturing of their projected AR device, which lets artists and designers easily map digital video content onto 3D objects and spaces. The technology can be used in retail, restaurants, offices, and events to inform, advertise or entertain customers.
Press release via PRNewswire
Source: Lightform raises $5 million to make projected augmented reality mainstream