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Facebook Spent Over $88M This Year on Oculus’ Seattle Area Satellite HQ

Road to VR

Oculus has been on quite the hiring spree as of late, with over a hundred positions currently advertised on the company’s career website aimed at bringing hardware and software engineers into the Seattle area. The post Facebook Spent Over $88M This Year on Oculus’ Seattle Area Satellite HQ appeared first on Road to VR.

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HaptX raises $12M in growth funding, opens new Seattle-area HQ

HaptX

REDMOND, WA, – HaptX, the leading provider of realistic haptic technology, today announced a Series A-1 financing round of $12 million along with new headquarters in the Seattle area. We can’t wait to bring HaptX customers to the hardware showroom in our new headquarters,” said Joe Michaels, Chief Revenue Officer of HaptX.

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Pico Adds New Hires to Support US Expansion

XR Today - Virtual Reality

Over the weekend, Bytedance, the parent company of Tik Tok and owners of Pico, vendors of virtual reality (VR) headsets, announced major expansions toward western VR hardware distribution. Pico hired 40 new staff members to support its US expansion, working from offices in the Bay Area, Seattle, and San Diego.

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Meta Reality Labs Faces Potential Shutdown Over Health and Safety Citation

XR Today - Augmented Reality tag

Last month, the Seattle Department of Labor & Industries issued a citation against Meta’s Reality Labs’ division to highlight health and safety hazards at its Matrix testing facility, potentially closing the space until Meta meets its working standards or if the Menlo Park-based firm can combat the decision.

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ByteDance’s Pico Interactive is Expanding to the U.S. to Compete with Meta

Road to VR

Pico, a subsidiary of TikTok parent ByteDance, is assembling a team on the US West Coast, which Protocol says has “a major focus on content licensing as well as marketing its hardware to U.S. Technical roles related to VR hardware and software development and R&D are also on offer. Image courtesy Pico Interactive.

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Big XR News from Apple, Google, XREAL, and Meta Reality Labs

XR Today - Mixed Reality tag

Google Axes Hundreds of AR Hardware Jobs Recent reports suggest that Google is downsizing a significant part of its 1P AR hardware team, which raises doubts about the future of its in-house XR product portfolio. The Seattle department filed its most recent citation in mid-December, and Meta plans to fight the filing in June.

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New ‘Warehouse-Scale’ VR Arcade Offering Simultaneous 8-Person Multiplayer

Road to VR

When laser tag came into arcades and theme parks around the world in the 80s and 90s, a new industry of custom, commercial-grade laser tag hardware was born—coincidentally the same point in time when VR experienced its first massive hype cycle and went back into proverbial hybernation. Enter VRstudios. image courtesy VRStudios.

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