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Leap Motion Grabs $50M Investment for Class-leading Hand-tracking Tech

Road to VR

Leap Motion, a veteran player in the virtual reality sector (having been founded two years ahead of Oculus), has announced the closure of a Series C investment round totaling $50 million. However, one place in VR still seems like a potential sweet spot for Leap Motion’s hand-tracking tech: mobile.

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Leap Motion Releases Major Tracking Update and New Demos to Show It Off

Road to VR

Leap Motion builds the leading markerless hand-tracking technology, and today the company revealed a update which they claim brings major improvements “across the board.” Image courtesy Leap Motion. Updated Tracking. Better hand pose stability and reliability. More accurate shape and scale for hands.

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Report: Apple Nearly Acquired Leap Motion but the Deal Fell Through

Road to VR

According to a report from Business Insider , earlier this year Apple was on the verge of acquiring Leap Motion, but the deal fell through days before it was expected to close. Founded in 2010, Leap Motion develops leading optical hand-tracking software. Image courtesy Leap Motion.

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Leap Motion Raises $50 Million For Its Finger Tracking Technology

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Leap Motion is one possible solution, with its hand and finger tracking technology offering one route for VR and AR headsets to let people make selections and interact with virtual worlds. This potential likely figured into the $50 million Series C funding raised by Leap Motion. The round was led by J.P.

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Leap Motion secures $50M to continue its work in VR/AR hand-tracking tech

Cats and VR

Leap Motion, Inc., the leading creator of motion tracking technology for natural input in virtual and augmented reality, today announced $50 million in Series C funding led by clients advised by J.P. Since its founding in 2010, Leap Motion has become the recognized leader in motion tracking for VR/AR.

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Leap Motion Reveals Project North Star, an Open-source Wide FOV AR Headset Dev Kit

Road to VR

Over the last few weeks, Leap Motion has been teasing some very compelling AR interface prototypes, demonstrated on an unknown headset. Leap Motion plans to open-source the design of the device, which they’re calling Project North Star. ” Image courtesy Leap Motion. Image courtesy Leap Motion.

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Leap Motion Announces Keiichi Matsuda as VP of Design and Global Creative Director to Lead New London Design Research Studio

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Click To Tweet “Virtual and augmented reality are at a critical point in their evolution,” said Michael Buckwald, Leap Motion CEO. Exploring our potential futures has led me down some dark and exciting paths, from my AR concept work in 2010 to last year’s short film HYPER-REALITY , and my upcoming short, Merger.