Fyuse app has managed to gather more than $22 million from the global venture capital firms for bringing 3D vision technologies
Besides bagging a seat in the smartphones of 15 million users a week, Fyuse app with its magic of "spatial photography," is the ultimate AR App paving a new path for the new generation devices. While the 3D photography app’s UI is similar to Apple's Live Photos or Android's Zoey, by allowing its users to take and share the 3D interactive pictures, Fyuse app leads the forte of interactive Augmented Reality apps.
Created by Fyusion, the San Francisco-based developer, Fyuse app is a 3D photography App that was created over the course of 3 years. The developers have been dominating the latest AR news as leading pioneers of machine learning wanted to build a format for Machine Learning that not only can be compatible with new hardware devices such as AR Head Mounted Devices but also offers significant advantages in long-term to everyone due to 3D photography App’s native properties of interactivity and information extraction.To meet this goal with the AR app, the company has raised $22 million from the global venture capital firm NEA, the computer vision-focused investment firm Presence Capital and strategic investors like 2020 (an investment fund partnered with Hon Hai Precision Industry), Gionee and NTT DOCOMO Ventures. Besides aiding the development process of the 3D photography App, the big bucks will also help its developers expand their business geographically with new offices in China and Japan.
While the AR app is currently a social app, the developers intend on shifting their target audience to businesses such as the automotive vendors like Cox Automotive in the U.S. and Gulliver in Japan. In e-commerce sector, their associates include retailers like Walmart and others to present 3D product images online. Fyusion is also aligning its interest to create AR-enabled images by gathering partnerships with Android-based platforms and original equipment manufacturers like Huawei, ZTE, Gionee, and TCL.
Although the creators of this Augmented Reality app are new and relatively smaller against global players, the developers of Fyuse app believe that their AR app’s core multi-angle and geometry of 3D capture offers them a strong technical advantage in visual understanding over any 2D approach. With more than 50 patents in computer vision and machine learning, the AR app creators' continuous attempts are directed towards enabling 3D models with extreme precision.
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