AR glasses company ODG completed $58 million in Series A financing

Recently, San Francisco-based Osterhout Design Company (ODG) stated that they have ended the first round of $58 million in venture capital and will use the money to "improve existing product performance" and "develop new ones." Products, these will meet you at CES in January.

ODG's current flagship device is the enterprise-centric R-7 smart glasses system, priced at $2,750. Compared to most VR heads, the HMD has a 37-degree view and is a stand-alone computing device running a custom version of Android 4.4 (Kit Kat) and allows users to run a set of proprietary application head-up display interfaces. Although there are some head tracking and AR applications in the R-7. But not immersive, ODG is eager for their smart eyewear product line to enter a major augmented reality platform.

AR glasses company ODG completed $58 million in Series A financing

AR glasses company ODG completed $58 million in Series A financing

Yesterday, Ou Feiguang also announced that it announced that the company and the company's actual controller Cai Rongjun participated in the US AR technology company OsterhoutGroup, Inc (ODG) A round of financing, investment of 20 million US dollars, after the completion of the investment, Ou Feiguang and its actual controller Cai Rongjun It will hold approximately 6.67% of the equity in ODG. The announcement shows that ODG has core technology and excellent entrepreneurial team in the field of augmented reality, and has a strong competitive advantage. The core management team has many years of R&D or market operation experience in related fields such as optics and headwear, and has more than 100 items. Patent expert.

Oufeiguang is a leading manufacturer of precision optoelectronic thin film components. At present, the company's main products include infrared media filters and mirror mount components and flat touch screens. Not long ago, the company invested 60 million in the domestic veteran VR helmet company 3Glasses.

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