The new capital will be used to accelerate the release of ALT: Anti-latency tracker with the pre-launches scheduled for CES Asia and E3 in June
Antilatency, the developer of positional tracking solution for mobile VR and AR, today announced that it has raised $2.1M in seed investment from the Europe-based IIDF venture capital fund.
The new funding will be used to accelerate the worldwide release of ALT: Anti-latency tracker – a mobile VR and AR solution. The device allows user to walk around with mobile VR as opposed to existing solutions which only work with head rotations.
Other benefits include movement prediction with compensation of rendering lags, wide tracking zone, multi-user mode, and outdoor functionality. The system is cheap and easy to install, doesn’t require calibration, and doesn’t cause any dizziness or disorientation.
Following the pre-launch, Antilatency plans to open a developer kit pre-sale and raise funds on Kickstarter by the end of summer 2017. Business edition of ALT: Anti-latency tracker will hit the market featuring extended software to create infinite tracking area.