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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 Raises $50 Million For Its Finger Tracking Technology

UploadVR Between Realities podcast

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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VR Bungee Jumping, Samurai Swords, and 16 More New Demos

Leapmotion

We’ve worked with Leap Motion before, but we were surprised by how easy it was to integrate Leap Motion and Oculus and get started with development. Created by early Leap Motion + Oculus experimenter Richard Borys ( @InnerBushido ), Tatami Samurai is a fun, fast-paced simulation where you get to cut targets with a katana.

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Is it worth going to WCVRI?

The Ghost Howls

The epic Noah Zerkin (the guy making the Leap Motion North Star headsets) at our booth to try the game! People like Eloi Gerard, Nikk Mitchell, Gianluigi Perrone, and many others that I know from the XR Story group on WeChat are all people worth meeting… and many of them were at this event. You may ask me how the event is big.

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Baofeng Showcases Mobile VR Headset With Positional and Finger Tracking

UploadVR Between Realities podcast

Baofeng Group, a Chinese mobile communications giant, announced their fifth generation VR headset, the Mojing 5.0, on stage today in Beijing, China. The post Baofeng Showcases Mobile VR Headset With Positional and Finger Tracking appeared first on UploadVR.

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The VRScout Report – The Week in VR Review

VRScout

San Francisco-based Leap Motion has raised a $50M Series C for their hand- and finger-tracking technology. The round was led by JP Morgan Asset management, and this fresh influx of cash brings Leap Motion’s total funding to almost $95M. INVESTMENT & FUNDING WRAPUP.