8th Wall, a Palo Alto, California-based provider of a single solution for developing AR apps on all iOS and Android phones, raised $2.4m in funding.
Backers included Norwest, the VR Fund, SV Angel, Greylock, Betaworks, and Third Kind.
The company will use the funds to continue to expand its operations and develop the platform.
Founded in August 2016 by CEO Erik Murphy-Chutorian, 8th Wall has just launched 8th Wall XR, an Augmented Reality (AR) platform that works on all commonly available iOS and Android phones and integrates seamlessly with ARKit (Apple) and Tango (Google).
The company’s cross-platform AR solution works on any common phone with or without native AR frameworks. When a phone supports a native framework such as ARKit or Tango, 8th Wall XR uses these libraries to provide 6 Degrees-of-Freedom (DoF) tracking, surface estimation, lighting estimation, and calibrated scene display. For other phones, 8th Wall XR provides 3DoF tracking, fixed surfaces, camera calibration information and vision-based lighting estimation. Later this year, the team plans to bring 6 DoF to all supported phones as well, using 8th Wall’s vision and machine learning algorithms.
8th Wall XR is publicly available to Unity developers at www.8thwall.com and is also available as a native library for iOS and Android per arrangement.
FinSMEs
01/09/2017