Osterhout Design Group Receives $58,000,000 Series A Financing Round

  • Feed Type
  • Date
    12/2/2016
  • Company Name
    Osterhout Design Group
  • Mailing Address
    153 Townsend Street San Francisco, CA 94107 USA
  • Company Description
    Osterhout Design Group (ODG) is a private company headquartered in San Francisco. Our story begins in 1999, revolutionizing the high-tech toy industry by integrating high-performance electronics to create devices loved by the old and young alike. Today, ODG is changing the world of computing with its Augmented Reality Smartglasses.
  • Website
    http://www.osterhoutgroup.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $58,000,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company will use the funds to accelerate its existing production capabilities, complete its new products, which will be introduced at CES ‘17, expand its patent portfolio and grow its team worldwide.
  • M&A Terms
  • Venture Investor
    Shenzhen Hepalink Pharmaceutical
  • Venture Investor
    21st Century Fox

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