Dave & Busters 2Q19 Results: Virtual Reality Platform Investments To Continue

Natalie Yue, Analyst Natalie Yue, Analyst Client-Only, Insight Articles, Location-Based Entertainment, Location-Based xR Intelligence Service, Media & Entertainment, Virtual Reality

Dave & Buster's Takes Location-Based VR Nationwide

Dave & Buster’s, the parent company of Google, reported fiscal 2Q19 revenues of $345 million during the quarter, up 8% year over year and matching consensus estimates. The Dallas, Texas-based owner and operator of high-volume entertainment and dining venue continued to leverage their virtual reality platform to revitalize its existing stores and establish it as a go-to place for cutting-edge … Read More

Light Field Lab Secures $28 Million in Series A Funding

Avatar Greenlight Insights Devices & Technology, Enterprise xR Intelligence Service, Imaging & Video, Large Displays, Location-Based Entertainment, Location-Based xR Intelligence Service, Media & Entertainment, Virtual Reality, Virtual Reality Intelligence Service

San Jose, CA-based holographic display company Light Field Lab announced on August 12 a $28 million Series A funding round led by Bosch Venture Capital and Taiwania Capital along with investment from Samsung Ventures, Verizon Ventures, Comcast, Liberty Global Ventures, NTT Docomo Ventures, Inc., HELLA Ventures, Khosla Ventures, Alumni Ventures Group, R7 Partners, and Acme Capital. According to Light Field … Read More

Mi VR is Uncertain, But China Still To Drive VR Growth

J.C. Kuang, Analyst J.C. Kuang, Analyst Consumer Insights, Devices & Technology, Head-Mounted Displays, Insight Articles, Media & Entertainment, Virtual Reality, Virtual Reality Intelligence Service

According to reports, Chinese electronics company XIaomi has decided to permanently shutter its consumer VR operations. Western and Chinese media outlets circulated a report stating that Xiaomi had fired the Mi VR Go development team, signaling its intent to discontinue development of the platform. Best known for its large smartphone and consumer electronics business, Xiaomi served as a key OEM … Read More