CommonGround

growth-positive

Apple has acquired the Israeli startup TrueMeeting, known for developing realistic digital avatars for video calls and augmented reality. The acquisition, which occurred in January, aims to integrate TrueMeetings technology into Apples Vision Pro smart glasses. TrueMeetings technology enhances user experience by creating digital images that reflect real-time movements and expressions, addressing previous criticisms of Apples system. TrueMeeting had raised $45 million from investors including Grove Ventures, StageOne Ventures, Matrix Partners, and Check Point founder Gil Shwed. Approximately 20 employees from TrueMeeting will join Apples development center in Israel. The financial details of the acquisition remain undisclosed.

growth-positive

Apple has quietly acquired Israeli company TrueMeeting, previously known as CommonGround AI, to bolster its capabilities in real-time 3D technology. The acquisition, approved in January, aligns with Apples strategy to expand its Israel-based R&D. TrueMeeting specializes in developing technology for creating responsive 3D avatars using smartphone facial scans, which can be integrated into various video applications. The company had raised approximately $45 million from investors such as Grove Ventures and Matrix Partners. The acquisition cost is estimated to be lower than the total amount raised by TrueMeeting. This move is part of Apples broader strategy of acquiring Israeli tech firms to enhance its product offerings and expand its development centers in the region.

growth-positive

CommonGround, a company that provides an immersive virtual meeting experience, has raised $25M in funding. The round was led by Marius Nacht, Matrix Partners, Grove Ventures, and StageOne Ventures. The company plans to use the funds to accelerate growth and expand operations. CommonGrounds platform offers real-life 3D representations of users, allowing for a high sense of presence and emotional connection. The company is currently beta testing its TrueSelf Scan creation app on the iPhone.

growth-positive

CommonGround, a startup developing technology for 4D collaboration, has raised $19 million in funding. The founders aim to create online collaboration software that captures the nuances of in-person communication and improves on face-to-face conversations. The funding round was led by Matrix Partners, with participation from Grove Ventures and StageOne Ventures.