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The Venture Reality Fund Releases Q2 2017 Global Augmented Reality LandscapeThe Venture Reality Fund ("The VR Fund"), a leading global venture capital firm focused on early-stage investments in the augmented, virtual and mixed reality (AR/VR/MR) spaces, today released its AR industry landscape for the second quarter of 2017. The report highlights nearly 150 companies developing infrastructure, tools, platforms and apps for the AR ecosystem and depicts overall industry growth, increased investment and expanding international impact. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170720005417/en/ (Graphic: Business Wire) "Over the past quarter, the AR industry witnessed several notable moves by major players including Facebook (News - Alert) and Apple, which immediately led to a robust increase in developer activity as well as extensive coverage in the market," said Tipatat Chennavasin, co-founder and general partner at The VR Fund. "These strides are reflective of rising interest in AR driven primarily by device infrastructure and SDK tools." The VR Fund evaluated more than 2,000 companies for the landscape, and those selected meet a certain criteria of funding, revenue, mainstream coverage and/or major partnerships. Key Insights:
About The Venture Reality Fund: The Venture Reality Fund ("The VR Fund") is a Silicon Valley-based venture capital firm focused on early-stage investments in the virtual reality (VR), augmented reality (AR) and mixed reality (MR) spaces. The firm invests globally in innovative companies across a wide variety of sectors from infrastructure and development tools to content and applications, to help entrepreneurs bring industry-defining technology to market faster. The firm's first successful exit, Owlchemy Labs, closed within The VR Fund's first year of operation. As part of its commitment to educating and strengthening the ecosystem, The VR Fund publishes industry insights including quarterly global VR and AR landscapes detailing the market's growth, new investments and increased international impact. The founding team is also a proud partner of the Women in XR initiative, which connects female founders and women-led businesses to capital and resources. For more information, please visit TheVRFund.com, like The VR Fund on Facebook and follow on LinkedIn and Twitter. View source version on businesswire.com: http://www.businesswire.com/news/home/20170720005417/en/ |