Virtual Reality (VR), Augmented Reality (AR), and 360 videos have taken the tech world by storm. Digi-Capital estimates that $17 billion will be invested this year in VR and up to $120 billion by 2020. The biggest names in tech have all entered the VR/AR space, including Google, Facebook, Samsung, and Sony. The Wildcatters Network has jumped feet first into the VR/AR world with an investment in Merge VR out of San Antonio, Texas.
Founded in 2013, Merge VR co-founder Franklin Lyons had the vision to use the technology inside all of our smartphones to power an impressive VR experience. While there are other mobile-based VR headsets, Merge VR has out-competed them all, according to the likes of CNN, Consumer Report, and Parent Tested Parent Approved. Merge VR also has impressive distribution channels, including Amazon, Best Buy, Best Buy Canada, Target, and Gamestop. Their units are sold in 13 countries and over 3,200 retail locations.
In January of this year, Merge VR unveiled their latest product, the Merge Cube, at the Consumer Electronics Show (CES) in Las Vegas. Billed as “the future of toys” this small cube uses AR technology to produce holographic images in the palm of your hand. Our existing retailers, as well as many new retailers, were extremely excited over this product. In fact, the Merge Cube won “Most Unique Product” by TechRadar out of the entire CES, an honor we are quite proud of.
