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Sensopia Raises $1.2 Million Series A For “Magical” Floor Plan Capturing Application, MagicPlan

Sensopia, a company which actually uncovered a practical application for augmented reality, has raised a $1.2 million Series A round for its floor plan capturing application called “MagicPlan.” The app allows users to hold up their phone and then scan the dimensions of the room around them in order to create an instant floor plan that can be exported to various formats, including DXF, PDF, JPEG and HTML, the latter for viewing the plan on the web. To perform the scan, the app “sees” the room in the camera’s viewfinder, and then you tap on the screen to label things like corners and doors. Participating in the new round were Partech International, Tekton Ventures, Normandy Ventures, and other private investors. The company says it will use the funding to accelerate growth and further develop the application, making the software easier to use and allowing for the capture of rooms in three dimensions. The startup had released an updated version of the MagicPlan app around a year ...

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Found 1 day ago on channel TechCrunch

With $3.2M In Funding, ‘Real-World Operating System' Startup Dekko Refocuses To Build Its Own Augmented Reality Apps

When we we last talked to augmented reality startup Dekko, back in September of last year, the company was building a platform on which it hoped to find developers to build a new generation of applications that blend computing with the real world. And, while it still hopes to be that platform, which it’s calling a ‘real-world operating system,’ the company is focusing its efforts on creating its own applications, in an effort to attract users and developers alike. The startup has built technology which can be used to map the real world using a mobile phone or tablet’s camera. It does that by building digital grids through 3-D mapping. Once that is done, Dekko (and other developers) can layer games and other applications on top of it. For now, its app is focused on creating a grid of small, independent spaces. But there’s the potential for it to be used to map full-scale real-world environments as well. Dekko co-founder Matt Miesnieks likened the company’s initial platform approach ...

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Found 1 week ago on channel TechCrunch

Good Technology Raises $50M On Its Road To An IPO

Mobile device management company Good Technology has raised $50 million, according to a Securities and Exchange (SEC) filing. A company spokesperson confirmed the fundraising but had no comment about the purpose of the raise. The SEC document says the company is seeking a total of $60 million. Founded in 1996 and headquartered in Sunnyvale  Good Technology is backed by Oak Investment Partners, Draper Fisher Jurvetson, Meritech Capital Partners, DFJ ePlanet Ventures, DFJ Growth Fund, Rustic Canyon Ventures, Allegis Capital, GKM and Blueprint Ventures. Good Technology plays in the fast consolidating MDM market. It provides enterprise mobility technologies across multiple platforms and security and management software. Its product offerings include Good for Enterprise, Good for Government, Good for OEM Device Manufacturers/Carriers and Good Dynamics. Good puts  an emphasis on providing a platform that allows enterprise developers and ISVs to create secure mobile applications. It has been ...

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Found 3 weeks ago on channel TechCrunch

Facebook And The Sudden Wake Up About The API Economy

What a two weeks it’s been. Something happened that has been simmering for a while. The API market exploded. Intel bought Mashery for more than $180 million and CA acquired Layer 7. 3Scale received a new $4.5 million round of funding from Javelin Ventures. Programmable Web acquired Mulesoft. And then Facebook jumped in and bought Parse. The acquisitions and funding point to a maturing market that is reflected in the ubiquity of APIs across the application landscape. It’s not a new market by any means. The space is filled with companies that have leveraged the API build out that has happened over the past several years. Instead this is an inflection point. There are more than 30,000 APIs, according to Programmable Web, the leading API directory and blog. Javelin Ventures Managing Director Noah Doyle said to me in an interview that analysts see the API market growing five to ten times over the next five years. With that scaling in number of APIs comes a virtuous circle for the developers ...

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Found 3 weeks ago on channel TechCrunch

TechStars Alum EverTrue Lands $5.25M From Bain, David Cohen, Bonobos CEO To Reinvent Fundraising In Education

EverTrue, the education fundraising and mobile alumni networking platform, is showing today that it’s not familiar with this “Series A Crunch” you speak of — in the education technology market or otherwise. The Boston-based startup announced today that it has closed a $5.25 million series A funding round, led by Bain Capital Ventures. The round also included participation from its existing investors, including Boston Seed Capital, TechStars CEO David Cohen, Bonobos CEO Andy Dunn and Trunk Club CEO Brian Spaly. As a new investor, Bain Capital joins EverTrue’s roster of higher education angel investors, like Harvard Corporation Member Paul Finnegan, Brown University Trustee Sam Mencoff, Northwestern University Trustee Tim Sullivan, University of Pennsylvania Overseer Jim Perry and Georgetown Regent Brendan Carroll, to name a few. The series A financing follows the $1.3 million seed round EverTrue raised in the fall of 2011 after graduating from TechStars, bringing its total capital ...

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Found more than 1 month ago on channel TechCrunch