TAMPA, FL – Bit Cauldron Corp., which makes 3D technologies such as advanced glasses for 3DTV, has closed on $1.07 million in equity, according to a regulatory filing.
Investors in the company include Emergent Growth Fund II, of Gainsville, a member-managed angel group.
Founded in the 2008, the company’s 3D glasses technology uses wireless radio frequency rather than infrared. The company also sells transmitters and other products.
It disclosed the raise in a filing with the US Securities and Exchange Commission.
We enjoyed watching a few 3D movies in theatres, but the glasses-which we have to wear over corrective lenses, while better than the 1950s versions, were still less than the ideal in comfort. Also, we became used to the 3D effect, which provided some startling moments, but overall seemed fairly tame. It also cost twice the price of a regular ticket.
We’re not sure people are going to take to wearing glasses to watch 3DTV at home or on computer screens all that often. It seems, still, a novelty rather than something likely to replace the kind of experience that doesn’t require special glasses and more expensive technologies. — Allan Maurer
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