8th Wall Closes $8M Series A Funding Round
Summary
8th Wall, a Palo Alto, Calif.-based provider of an AR development platform, closed an $8M Series A funding round.Founded in 2016 by Erik Murphy-Chutorian, CEO, 8th Wall provides application developers with a cross-platform solution to build AR-enriched gaming, e-commerce, retail, manufacturing, construction, real estate, education applications in minutes and deploy them to more than 2.5 billion mobile devices.The platform works on any iOS and Android phone while integrating with ARKit and ARCore.The company is making an early release available which includes computer vision algorithms for 6DoF tracking, lighting estimation and surface detection, paired with APIs for transparent shadows, camera overlays and deformable surface meshes.8th Wall will continue to expand on this offering with new products and services that address the biggest hurdles facing AR developers.