[Mediacaster Magazine]
New immersive 3D video displays and cloud-based online gaming solutions are a step closer to market commercialization, following investment in four start-up companies housed at the Digital Media Zone in Toronto.
Ryerson University’s DMZ is a multidisciplinary workspace for young tech entrepreneurs and the launching pad for several digital businesses.
Ottawa-based Coral CEA has now invested $120,000 in four companies there, and it says more such investments are being reviewed.
ARB Labs is one of the four; it has designed a software application that turns any video display into a screen with immersive 3D capabilities – and viewers do not need to wear goggles or glasses.
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The DMZ launched in the spring of 2010 with over 6,000 square feet of downtown Toronto office space. It’s since almost doubled in size, while helping innovators to incubate and accelerate 38 start-ups, launch more than 61 projects and create over 350 jobs.
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Read the full story here: http://www.mediacastermagazine.com/news/digital-media-start-ups-get-funding-from-public-private-partnership/1000905570/