Augmented Reality firm Marxent raises additional $1MM

A new round of fundraising has given Marxent Labs Inc. an additional $1 million to speed growth. The St. Petersburg firm, which develops Augmented Reality apps, has now raised $2.8 million since it was founded nearly three years ago, said Beck Besecker, CEO. Detroit Venture Partners and Stage 1 Ventures are financial backers, including the most recent $1 million capital raise. Read more