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Magic Leap’s Valuation at $4.5B Thanks to Latest Investment of $793.5M

Magic Leap announced $793.5 million in new funding, led by Alibaba Group. Continued investment comes from Google Inc., Qualcomm Incorporated, through its venture investment ...

Magic Leap Raises $827 Million for Building AR and VR Experiences

Magic Leap announced that it raised $827 million in a Series C round. This brings the company's total amount raised to $1.4 billion, and puts them at a market valuation of $3....

Market Spend 2015: AR/VR Investment Totals Over $1 Billion

Augmented and virtual reality are the new hotness, as VCs and corporates get in on the act. While Facebook’s multi-billion dollar acquisition of Oculus got everyone’s attentio...

Eve: Valkyrie’s CCP Games Raises $30M to Develop Cutting-Edge VR Content

Funding from NEA and Novator Partners LLP Will Strengthen CCP’s Growing Slate of VR Initiatives Privately held CCP Games, a leader in graphics and virtual reality imme...

Jaunt Raises $65 Million from Disney and Other Entertainment Investment Groups

New investors include The Walt Disney Company, Evolution Media Partners and China Media Capital. The addition of prominent global media and entertainment investors will enable...

Razer Acquires Ouya Software Assets

Razer will add OUYA’s digital platform assets and content to Razer’s product offerings and the acquisition strengthens Razer’s position to open platform development and game d...

Starbreeze Acquires Valhalla Game Engine and Dev Team for 3.3M shares

Starbreeze AB, a Swedish independent creator, publisher and distributor of entertainment products, has agreed to acquire Valhalla, a next generation game engine under developm...

Adobe Acquires 3D Animation Company Mixamo

Adobe has acquired Mixamo for an undisclosed amount. Mixamo is a San-Francisco based 3D Animation software company that enables designers to create and customize a broad range...

Apple Enters AR with Acquisition of Metaio

Apple has thrown its hat into the ring to pursue augmented reality by acquiring Metaio.  Metaio, a German based AR startup, has made a augmented reality app for Italian auto m...

Oculus Acquires Surreal Vision To Support 3D Scene Reconstruction

Oculus announced via it's blog that it has acquired UK-based Surreal Vision to join the Oculus Research group. Surreal Vision is one of the top computer vision teams in the w...