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Lytro, the company that pioneered Light Field imaging before its acquisition by Google, raised $60.0M in a Series D funding round. The capital infusion supported its ambitious efforts to shift from legacy 2D imaging to 3D volumetric video, developing systems like Lytro Immerge for virtual reality and Lytro Cinema for cinematic content.
Founded by Executive Chairman Ren Ng, whose Ph.D. research at Stanford laid the groundwork, Lytro aimed to push the boundaries of what was possible in VR and AR. The company had made breakthroughs at a seemingly impossible pace, building entire systems that no one thought possible in its quest to shape the future of immersive experiences.
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