• Leap Motion raises $50 million for key component of VR's growth: hand-tracking tech

    4 monthes ago - By VentureBeat

    Leap Motion has raised $50 million for its virtual reality hand-tracking technology.
    J.P. Morgan Asset Management led the round. It's a big vote of confidence in the next generation of VR, as Leap Motion makes sensors that can detect your hand and finger motions in the real world and then translates them into the virtual world. VR is expected to be a $21 billion market by 2021 , according to tech adviser Digi-Capital.
    San Francisco-based Leap Motion said the money will accelerate the company's global expansion and enable it to invest in VR and augmented reality motion tracking. Leap Motion...
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