Ambitious augmented reality startup CastAR reportedly shuts down
Four-year-old augmented reality company CastAR has reportedly shut down. According to Polygon, which spoke to former employees, the company was unable to get more funding from either its present backer or any new companies. It reportedly laid off nearly its entire staff yesterday, leaving a core team behind to seek a buyer for its AR tech. We’ve reached out to CastAR to confirm the reports.
CastAR was founded by two ex-Valve employees, Jeri Ellsworth and Rick Johnson, in 2013. It made a pair of augmented reality glasses that could project images onto a reflective mat, letting users interact with a wand. The project was originally Kickstarter-funded, but CastAR returned backers’ money after getting outside funding and delaying its…
