Osterhout Design Group (ODG), which brings high-end digital technologies to the users, will accelerate product development and innovation efforts with its A-type funding from its leading partners.

Offering high-level mobile information solutions with wearable technologies, virtual reality glasses as well as mobile servers and biometric computers; San Francisco-based ODG supports their work with new investments. Receiving about $ 58 million A-type funding from leading investor companies; the company will use this investment to accelerate product development and improve their portfolio.

ODG is one of the leaders of the world of information technology in virtual and augmented reality (VR / AR) glasses, and aims to increase their strength in the market with the support of investors from the market such as Shenzhen O-film Tech Co., Ltd., Vanfund Urban Investment & Development Co. Ltd. and its strategic partner, 21st Century Fox. The company plans to enrich the R&D process of the products they will exhibit at CES 2017 in particular and will complete the production process of the new AR / VR smart glasses.

ODG CEO Ralph Osterhout said that they have designed and developed smart glasses and other wearable solutions; to the US, entrepreneurs in different markets, and industry giants for eight years. Osterhout continued; “We carefully selected our investment partners; we paid attention that our partners not only share the product vision and growth strategy of ODG; but also the global presence of the ODG and its stance in the market.”

Osterhout with the world’s most comprehensive range of smart glasses

Osterhout stated that people now understand how top-quality mobile tools can make their lives easier. He noted that thanks to this investment they would perform the demonstration of the world’s most comprehensive range of smart glasses at CES 2017.

With its innovations in AR / VR, combined reality (mixed reality), wearable and mobile technologies since 2011; the ODG has been pushing the limits of digital technologies with its practical and convenient solutions. Their contributions to the world of technology was crowned with an award; and their latest developments in the market will be eagerly expected.