Google Glass seems to be getting the right amount if attention much before its release. Silicon Valley’s budding investors have stepped forward to provide financial support. Companies have started thinking about how they could build a could build a more connected internet of things and roll out specific apps for the technology.
Google Glasses first made its appearance back in June 2012 at its Google I/O conference. And on Wednesday, 3 top investors teamed up to form the Glass Collective, thereby committing to technology and helping developers build it for a better tomorrow.
Three venture capital funds that have come forward in providing assistance in nurturing Google Glass apps include the likes of Google Ventures, KPCB, and Andreessen Horowitz. The firms have not set aside any specific sum of money but have mutually agreed to fund all sort of developments from Glass startups to give them the best chance of investment. “The thesis of Glass is profoundly transformational,” said web pioneer Marc Andreesen, of Andreesen Horowitz. “And as with the Internet and smartphones, a huge amount of work will be done by third-party developers to fully realize the Glass vision.”
This would be an integral step for the Venture Capital as it may help them lay early hands on technology that might soon be the next big thing.
Bill Maris the managing partner at Google Ventures adds, “So what will the future be with Glass? Well, the truth is, no one can honestly predict where this new technology will take us. Not yet. And that’s exactly what’s exciting. We do know that smart entrepreneurs and engineers are going to develop amazing experiences through Glass. Glass will evolve quickly, just as the cell phone grew from this to this.”
We can only hope that Google Glass may bring the best out of these fundings , thereby helping the investors growth further.