Snap 3Q19 Results: Strong User Growth Continues, Projects Future for Augmented Reality

Clifton Dawson, CEO Clifton Dawson, CEO Advertising, Apps & Games, Augmented Reality, Augmented Reality Intelligence Service, Insight Articles, Media & Entertainment

Snap Inc.

Snap Inc., the parent company of Snapchat, reported fiscal 3Q19 revenues of $446 million, up 50% year over year and beat the $437.9 million consensus estimate. But as Snap improves its financial position, how have its investments in its burgeoning augmented reality platform faired?

Apple Acquires iKinema, Showing its Ambitions for Augmented Reality Avatars

Natalie Yue, Analyst Natalie Yue, Analyst Apps & Games, Augmented Reality, Insight Articles, Media & Entertainment, Software

Apple’s ARKit: What it means and why it’s important

Apple, which as been the subject of much speculation about a forthcoming augmented reality head-worn device, announced this week that the transaction to acquire iKinema, the UK-based motion-capture technology specialist, has now been finalized. To learn more about Apple and the development of the larger AR marketplace, as well as Greenlight Insights’ outlook on the future of the augmented reality … Read More

Oculus Connect 6: Next Chapter to Immersive Technology

Ramon Conopio, Analyst Ramon Conopio, Analyst Apps & Games, Augmented Reality, Augmented Reality Intelligence Service, Devices & Technology, Enterprise Transformation, Enterprise xR Intelligence Service, Head-Mounted Displays, Imaging & Video, Insight Articles, Location-Based xR Intelligence Service, Media & Entertainment, Software, Virtual Reality, Virtual Reality Intelligence Service

Virtual and augmented reality-enthusiasts will have a taste of what’s next in immersive technology at the 6th annual Oculus Connect 6 (OC6) happening on September 25th and 26th. Here are some of the trends Greenlight Insights expects to be center stage at the conference: CONTENT CREATION and DEVELOPMENT With a suite of first-generation VR products, Oculus is focusing more on … Read More

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, Location-Based Entertainment, Location-Based xR Intelligence Service, Media & Entertainment, Shared Environments, 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