Investment from Andy Rubin’s Studio to Fuel Augmented Reality Gaming System’s Product Development and Talent Recruiting Efforts
MOUNTAIN VIEW, Calif. – August 19, 2015 – castAR (previously Technical Illusions), an augmented reality gaming startup, today announced that it has closed Series A funding of $15+ million from Playground Global and the company’s seed investors. castAR previously completed a successful Kickstarter campaign in 2013, meeting its target in less than 48 hours, attracting over $1 million in crowdfunding for its gaming system that provides holographic-like 3D images to users for a shared, interactive gameplay experience. The new round of funding will be used to drive forward business and continue product development efforts as the company looks to drive adoption among tabletop and interactive game developers. castAR is also focusing its attention on attracting engineering, business, and design talent as it works towards a 2016 commercial launch. Continue reading castAR Closes $15+ Million Series A Round from Playground Global