On Thursday, Mojo Vision, a startup of former engineers from Apple, Amazon, Google and other stakeholders in Silicon Valley, came up with $ 50 million to finance a hands-free-enhanced reality platform running without smartphones, tablets or other devices .
Participation in the financing round as venture and strategic investors is Shanda Group, Khosla Ventures, NEA, Fusion Fund, Liberty Global Ventures, 8VC, Dolby Family Ventures, AME Cloud Ventures, Open Field Capital and others.
The funding will allow Mojo Vision to build a software platform and underlying hardware for what the company calls an "invisible data paradigm".
"People want technology to deliver information faster and more practically, but in many cases the scale has tipped in the other direction. The immediate availability of information we like today can also distract us from important parts of our lives. Many technologies designed to improve communication are now often a barrier to basic personal relationships, "said Drew Perkins, CEO of Mojo Vision, in a statement.
"Invisible Computing is about getting faster and more natural access to information, but without phones, tablets or other devices coming in the world of invisible computer, we will be able to focus on the people around us without interruption from today's screens."
Perhaps best known as the inventor of the Point-to-Point Protocol PPP), Perkins is flanked by Chief Tech Officer Mike Wiemer and Chief Scientist Michael Deering. Wiemer co-founded Solar Junction, a company specializing in solar cells, satellite power and laser diode, while Deering is a data compiler with more than 130 patents to his name.
Although the company is coy about the details of its product, the team expects its technology to focus on the real world without staring at a screen, with the ability to access information freely without fishing with a device.
The company quotes survey results (from a relatively small sample size of 1,000 respondents) that suggest their technology. When asked what information they would like to access without a device, 54% of respondents would help remember people's names in social situations and 40% would have access to information during business meetings.
In general, the expanded reality industry's banana is changing from smartphones and tablets to smart glasses and headsets. But Mojo Vision's vague statements mean that they not only replace mobile devices but also laptops that can be considered "other devices."
Identify people's name? Handsfree access to information? No devices? Are we talking about AR contact lenses, such as those shown in the Netflix sci movie series Altered Carbon or an implant seen in Anon ?
Perhaps. But until Mojo Vision unseals its plans, it's somebody's guess. Nevertheless, a number of very smart people are willing to bet $ 50 million on it, no matter what it turns out to be.