San Francisco-based startup OnBeep has announced a new Series A round of $6.25 million in new funding to build what it calls “beautiful wearable communication devices that unite groups and allow teams to collaborate more fluidly in real time”.
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Intel introduced wearable computing devices as it seeks to grow its operations beyond personal computers and tries to get back on track after missing the huge opportunity presented by smartphones, Reuters reported.
For mobile game developers like Glu Mobile and Mind Pirate, the next big thing in consumer technology is wearable devices like Google Glass and Samsung Galaxy Gear watch, a Reuters report said.
Fans of wearable devices said there is a huge market potential for the smartwatch.