Founded in 1999 and based in San Francisco, Osterhout Design Group designs and ships augmented-reality smartglasses for military and enterprise customers. The company has spent years developing high-end optics and has focused on hands‑free utility use cases—checklists, notifications and 2D interfaces—for workers. Its current flagship R-7 model is a $2,750 head-mounted device oriented around 2D interfaces; ODG says it is experimenting with live environment mapping. In 2014 Microsoft paid around $150 million for a set of ODG wearable AR patents. ODG has largely self-funded until now and this Series A marks its first outside financing. Management is preparing consumer-facing announcements at CES and says upcoming products “will likely form the largest category of smartglasses worldwide.”

Total raised

$58M

Funding rounds

1

Latest round

Series A

Latest activity

Dec 2016