Augmented Reality Company Attracts Funding from Comcast Ventures and Others

Augmented reality company Meta announced the closing of $50 million in a Series B round of funding, which includes Horizons Ventures Limited, Lenovo, Tencent, Banyan Capital, Comcast Ventures and GQY. “Augmented reality represents a transformational platform for communication, collaboration and how individuals will work in the future,” Michael Yang, managing director at Comcast Ventures, says. “Meta’s platform enables a host of new ways to conduct business across a wide array of industries. We look forward to supporting Meta as our first investment in the AR market.” Meta is delivering what it calls “a new ‘natural machine’ that builds on the principles of neuroscience to create a completely intuitive experience that transforms how people work, play, communicate and engage with each other.” Videos reviewing the technology’s use in manufacturing, media, medicine, 3D modeling…


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