Vuzix is a supplier of video eyewear products in the consumer, commercial, and entertainment markets.
Vuzix is a supplier of video eyewear products in the consumer, commercial and entertainment markets. The company’s products- personal display devices that offer users a portable high quality viewing experience- provide solutions for mobility, wearable displays and virtual and augmented reality. Vuzix holds over 48 patents and patents pending, as well as numerous IP licenses in the video eyewear field. The company has won 13 Consumer Electronics Show Innovations Awards and several wireless technology innovation awards, among others. Founded in 1997, Vuzix is a public company (OTCBB:VUZI.QB), with offices in Rochester, NY, Oxford, UK and Tokyo, Japan.Vuzix’s high-resolution Video Eyewear Family of consumer products solves the main challenge in viewing video and digital information via portable and mobile devices – the small screen. Vuzix iWear® and Wrap® Video Eyewear are worn like regular glasses and provide the effect of a big screen experience, ranging from 44” to 75”, as seen from 10 feet (~ 3m). They are ideal for use with media players, portable DVD players, gaming consoles, and mobile phones. The company is focused on making its video eyewear the standard mobile equipment for watching news, sports, music videos and movies, and for playing video games on the go.Vuzix is a leading name in Virtual Reality (VR), immersing users in computer-generated worlds. Vuzix VR eyewear enables users to view the world outside their flight simulation cockpit and look around like sitting in the real plane. Look down and to the left to see your landing approach and your view changes automatically. VR software and Vuzix VR eyewear are used in a variety of applications ranging from game and flight simulations to medical applications such as pain and phobia management.Vuzix Augmented Reality (AR) eyewear provides a first-person view of the real world, overlaid with computer-generated data and content. Both digital and optical see-through models provide 2D and 3D support of real world and computer content. Integrated camera systems capture AR markers and targets, enabling a host computer or mobile device to merge the real and virtual worlds. AR technology is catching on quickly in a vast array of applications from hands-free maintenance assistance, virtual engineering/product demonstrations, gaming, simulation, and more.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Apr 1, 2021 | Post-IPO Equity | $97.75M | — | — | — | Detail |
Sep 4, 2020 | Post-IPO Equity | $15.50M | — | — | — | Detail |
Dec 20, 2017 | Post-IPO Equity | $12.50M | — | — | — | Detail |
Jul 14, 2016 | Post-IPO Equity | $6.60M | — | — | — | Detail |
Feb 6, 2015 | IPO | — | — | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Intel Capital | Yes | Post-IPO Equity |
Vuzix has had 1 exits. Vuzix most notable exits include WakingApp Realities
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
Dec 11, 2019 | WakingApp Realities | M&A | 3D Technology | Detail |