Back in September last year, the social media giant Facebook announced that it is working on a new virtual reality-based social network. While the concept sure seems interesting, we still have to wait for it to be made available for everyone. In the meantime, the social media startup Octi has announced its own social media network, which is based on Augmented Reality.
The LA-based company started off with the aim of building AR tech that can better recognise the human body and movement. However, it seems like the company has found another interesting use case for its technology. It has also announced a new funding round and says its total funding till date stands at €10.8 million.