“Augmented reality has some obvious commercial applications when it comes to visualizing products for shoppers. Marxent has raised a second round of $10 million so that it can create applications for retailers using both augmented reality (AR) and virtual reality (VR).
AR is expected to become a $90 billion industry by 2020, according to Digi-Capital. And it’s not all about games and entertainment. Marxent is creating VR/AR apps for average consumers with its VisualCommerce virtual product platform.
The round was led by Detroit Venture Partners and Stage 1 Ventures, and it brings the total amount invested to date to $14 million.”
Marxent With @realtordotcom take a photo to unlock a wealth of info https://t.co/fPyWF0WDtY via @luchanglu @DigitalTrends #AR #realestate #home
Marxent Do you know what 2017 has in store for #AR and #VR? Check out these 5 predictions! #trends via @joebardi https://t.co/kWy4sxmfL5 #startup
Marxent .@Matterport brings its #VirtualReality Spaces to the iPhone https://t.co/3QIlVUSiUz via @mariella_moon @engadget