Augmented reality startup Tonchidot raises $4 million, will use virtual goods for revenue

December 9th, 2009
From venturebeat.com:
Augmented reality startup Tonchidot raises $4 million, will use virtual goods for revenue
“Tonchidot becomes the second of several augmented reality startups to raise a venture-backed round this year. It’s a decent size for a first round and four times what Dutch competitor Layar raised this fall. Although a number of startups have launched products this year on the iPhone and Android-based phones, few venture capital firms had gotten their feet wet in the space. That seems to be changing now.”
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