We’ve talked before about how augmented reality (AR) may be the biggest investment opportunity ever. Augmented reality hardware is a huge part of enabling this opportunity, and until we get to AR enabled contact lenses, we need to make do with modified glasses. One startup playing in this space is Osterhout Design Group (ODG).
Founded back in 1999, Osterhout Design Group (ODG) closed a $58 million Series A funding round this month, the largest initial funding round for any company in the wearables, augmented reality, and virtual reality industries. Their flagship product, the ODG R-7 AR headset, has been shipping since the end of 2015 and has received positive reviews from early adopters. ODG is competing in an increasingly crowded augmented reality glasses industry that includes products like the Vuzix M-100, and Microsoft HoloLens.