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Layar Receives €10 Million Funding

November 17th, 2010 by Arjan Olsder Posted in Companies & M&A | No Comments »

Intel Capital has invested €10 million in Dutch developer Layar. The investment is meant to increase the number of products and services based on augmented reality.

Amongst the newly developed software and services should be a tool that makes it easy to find new content for the Layar browser. The total investment pool of Intel was €57 million that has been divided over 18 companies. Clearly Layar has received one of the biggest chucks of money.

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