Mojo Vision gets over USD 50m in funding

Mojo Vision has announced it has raised over USD 50 million to date in venture and strategic funding to develop an augmented reality platform that will deliver the kind of immediate, powerful and relevant information people personally expect from technology, but without the frequent intrusion of today´s mobile devices, the company said.

Mojo Vision, which had operated in stealth mode until today, said it has raised funding from venture firms including Shanda Group, Khosla Ventures, NEA, Fusion Fund, Liberty Global Ventures, 8VC, Dolby Family Ventures, AME Cloud Ventures, Open Field Capital, and others.

The company was co-founded by CEO Drew Perkins, CTO Mike Wiemer and Chief Science Officer Michael Deering, and is led by a team of Silicon Valley veterans.

Mojo Vision is also developing the underlying technology required to deliver its pioneering augmented reality platform. The platform will enable information to be instantaneous, unobtrusive and available hands-free, and will allow people to interact with each other more freely and genuinely.

Mojo Vision is the Invisible Computing company, dedicated to developing products and platforms that re-imagine the intersection of ideas, information and people. Instead of being tethered to devices that are increasingly a distraction in many aspects of our lives, Mojo envisions delivering information and knowledge that is immediate, but without the disruption of traditional devices. It is based in Saratoga, CA.