Leap Motion nabs $50M for the VR/AR hand-tracking tech


Headset-based VR and AR might be a bit slower out of a gates than many had hoped, yet investors are still pouring income into startups looking to change how consumers correlate with a digital world.

Leap Motion, a hand-tracking association formed in San Francisco, has lifted $50 million in Series C appropriation led by clients suggested by J.P. Morgan Asset Management, a WSJ reports. The startup has lifted scarcely $95 million to date.

The startup, corroborated by some of Silicon Valley’s tip try firms, including Andreessen Horowitz and Founders Fund, has prolonged billed a hand-tracking technologies as a deputy for a worshiped rodent and keyboard, yet a seven-year-old association has struggled to find interface problems for a record to solve.

Three-dimensional hand-tracking always seemed to be an ill fit for interacting with objects projected on 2D desktop displays, yet now with practical and protracted reality, Leap Motion is aiming to master human-computer communication on a height that no one has unequivocally mastered to date.

Gathering tellurian submit for VR/AR headsets has been a tough plea for hardware manufacturers already steeped in tough challenges, yet Leap Motion has been delayed to attract manufacturer support notwithstanding a sophistication of their hand-tracking platform, that reproduces a practical fundamental indication of a palm regulating mechanism prophesy that updates depending on a user’s palm positions.

Gaming-oriented VR companies like HTC, Sony and Facebook’s Oculus have opted for normal handheld controllers on stream era hardware, yet Oculus has already shown that it is experimenting with glove-like controllers. The companies behind AR headsets like HoloLens, Meta and Magic Leap have duration seemed to default to hand-tracking tech, yet any appears to be building a possess solutions. So far, a company’s many distinguished partnership success has been one with Qualcomm on a headset anxiety pattern for OEMs.

The company’s concentration has mostly been centered on consumers, yet in a blog post announcing today’s appropriation a association minute that it will be looking to “broaden a strech into new blurb and craving applications including education, healthcare, and industrial training simulation.” The association also announced it will be opening a new bureau in Shanghai.

Featured Image: Leap Motion

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Posted by on Jul 17 2017. Filed under NEWS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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