AR Startup Infinite Reality Buys Virtual Shopping Platform Obsess Following $3 Billion Fundraise
Infinite Reality, an augmented reality-focused startup, is buying virtual shopping platform Obsess. The companies declined to share the financial details of the deal. The acquisition follows Infinite Reality’s $3 billion funding round, announced Jan. 8, which puts the company’s valuation at an estimated $12.25 billion, according to Infinite Reality. The acquisition also signals a bigger…Read More