Google believes that it's naive to build a wearable technology like Google Glass and expect successful businesses to simply materialize from thin air; those firms will need a financial nudge, too. Accordingly, Google is forming the Glass Collective to invest in projects centering on its eyewear. The partnership will see Google Ventures, Andreessen Horowitz and Kleiner Perkins Caufield & Byers unite on seed funding for those US-based startups which show promise in areas like communication and navigation. The group hasn't named any targets for its cash, but it's obviously very early days for both Glass and the Collective -- Google needs more developers in the field before it can shower companies with support.
Update: According to TechCrunch, Google mentioned during the event that it hopes to get Glass hardware into developers hands "in the next month." Since it started preregistering folks at last year's I/O event, we'd also hope they will arrive in time for this year's Google I/O and inevitable skydive-to-stage live stream.
Filed under: Wearables, Google
Comments
Via: Google Official Blog
Source: Glass Collective, TechCrunch
HQ Trivia -- the once-popular mobile game that turned your random knowledge into a few bucks -- abruptly shut down earlier this year after an investment deal fell through. As such, players that still had the app on their phones were probably surprise...
If investors and employees were hoping to prompt cultural change at Alphabet during the company's shareholder meeting, they were likely disappointed. Voters at the meeting rejected all shareholder proposals, including a resolution that would have re...
It has been only a couple of days since Uber co-founder Garrett Camp promised that former CEO Travis Kalanick would not be coming back to the company as CEO. Now Benchmark Capital, an early investor with a seat on Uber's board, is suing Kalanick for...
In many ways, Yahoo is the internet's metaphorical grandparent. We don't visit nearly enough, and we're all avoiding thinking about what might happen to it. Well, it looks like an equally metaphorical rich Aunt is stepping in and taking care of that...
