Kyt Dotson
Latest from Kyt Dotson
Vreal raises $11.7M to take virtual reality game streaming mainstream
Virtual reality livestreaming and broadcast platform Vreal Inc. announced today it has raised $11.7 million in a Series A funding round led by Axioma Ventures. The platform was founded in 2015 to compete with 2-D livestreaming platforms such as Amazon.com Inc.’s Twitch and Google LLC’s YouTube with the intent to become the first of its kind ...
Decentralized video platform Lino raises $20 million for blockchain community content
Move over, YouTube and Vimeo. A new blockchain-based startup named Lino wants to build a decentralized video platform that pays its content creators and has raised $20 million in private funding to do that. The company announced Sunday that the $20 million was secured during a private token sale led by ZhenFund, a seed stage ...
Pokemon Go’s Niantic Labs acquires augmented reality startup Escher Reality
The creator of the popular phenomenon game Pokemon Go, Niantic Inc., announced Thursday that the firm has acquired mobile augmented reality platform developer Escher Reality. Niantic Labs gained attention and popularity in 2016 when its AR game Pokemon Go struck a chord with mobile gamers who rushed out into the world to capture adorable 3-D ...
FedEx paves the way for transport blockchain standards
Global shipping and transport network business FedEx Corp. announced Wednesday that the company intends to work with the Blockchain in Transport Alliance to develop standards for distributed ledger technology in shipping. An article in FreightWaves, a cargo shipping news site, reported that FedEx joined BiTA as a founding organization and has outlined plans to set ...
With new update, Kaon moves enterprise virtual reality marketing onto WebVR
Sales and 3-D marketing application developer Kaon Interactive Inc. today announced that the company’s products are now available in WebVR using Microsoft Edge and other supporting browsers. WebVR is a virtual reality framework that supports the viewing of 3-D objects in web browsers as well as provides a way to bring 3-D web pages into VR ...
Philippines’ SEC announces cryptocurrency regulation plans
The Philippines’ Security Exchange Commission announced Monday that the governing body intends to draft rules for regulating virtual currencies and token crowdsales such as initial coin offerings. Plans for regulations come on the cusp of worldwide attention given to cryptocurrencies, such as bitcoin, as investors and businesses continue to capitalize on the growing market. Regulators ...
Light Field Lab raises $7M to make holograms without headsets a reality
Display technology startup Light Field Lab Inc. announced today that the company has raised $7 million in seed money to develop real-world holographic displays. The highly sought-after technology would give life to three-dimensional computer graphics that would appear in midair without the need for augmented-reality headsets and would allow users to interact with the holograms ...
Vermont city launches pilot blockchain to track real estate transfers
A new blockchain registry for real estate will arrive soon for the City of South Burlington, Vermont, from Palo Alto, California-based startup Propy Inc. Propy announced Monday that the registry, powered by distributed-ledger blockchain technology, would be part of a pilot program to digitize and secure city land records in collaboration with the City Clerk’s ...
PREDICTIONS 2018
Augmented reality in 2018: Smart glasses emerge as the big battleground
The magic of augmented reality is that we can don a pair of glasses and see things other people cannot see, overlaying the world we live in with holograms and virtual objects and allowing us to see abstract ideas visually. But with the singular exception of the hit mobile game “Pokemon Go,” AR’s introduction to the public ...
Ledger raises $75M to scale up cryptocurrency hardware wallet operations
Paris-based cryptocurrency wallet manufacturer Ledger SAS announced today the company has raised $75 million in a Series B venture round led by Draper Esprit. The company plans to use the money to scale up its operations in producing hardware wallets for cryptocurrencies and provide security for distributed ledgers. Ledger produces a hardware cryptocurrency wallet known ...