3D photography app developer Fyusion secured $30m in a round featuring Cox Enterprises' auto retail subsidiary, which joined NTT Docomo, Colopl and Gionee as shareholders.
Cox Automotive, the automotive retail and services arm of media conglomerate Cox Enterprises, has invested $30m in Fyusion, a US-based developer of 3D photography technology.
Founded in 2013, Fyusion develops mobile apps that allow users to create 3D interactive pictures from photos taken on their smartphones. The technology uses artificial intelligence (AI) and machine learning to create the 3D images, which are viewable on mobile, desktop and augmented reality devices.
Manheim, Cox Enterprises’ automotive auction unit, will use Fyusion’s technology…
