Augmented Reality Mobile App Layar Raises $14 Million

Augmented reality browser Layar has raised $14 million in a round of funding led by Intel Capital. Layar has about one million active users. This is up from 700,000 users in June. With this new round of funding, Layar plans to build and invest in new layers for its augmented reality platform. This way third party developers and brands can work with their technology. [Fast Company]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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