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New Enterprise Associates and the University of Tokyo Edge Capital (UT-EC) led the investment, joined by angel investors including Sun Microsystems Inc. co-founder Andreas Bechtolsheim, and James Joaquin, the former chief executive of online photography service Ofoto.
Fyusion co-founder and CEO Radu B. Rusu says his 10-employee San Francisco startup is still developing a long-term business model, but generates some revenue today through licensing its technology to makers of wearable technology, mobile devices and apps that run on these.
“We’ve been capturing the world for [decades] as still photos and videos, mostly, but the problem with these images is that they can sometimes fail to provide context.” Current 3-D image-capturing technology often generates images that are not ‘”realistic” and contain flaws, the CEO added.
Fyusion’s system creates “spatial photographs,” using 3-D processing algorithms that let viewers “freely interact with the scene while reliving the experience of the original composer.” In other words, the images can be explored in greater depth than other 3-D images created with earlier “triangle mesh” technology.
Mr. Rusu noted that his team has a deep background in robotics research, and would some day like its 3-D image processing technology to figure in helping machines, like personal robots, understand the world and objects around them, and engage in more complex tasks than they can today.
The company is also interested in creating new algorithms that will help people search for and find 3-D images that can help them with online research of every kind, from academic research about a certain structure or place, to what hotel rooms or resorts they may want to book for a forthcoming vacation.