Israeli AR Startup Meta Raises $50M

June 14, 2016 | Meta, the creators of augmented reality goggles, announced that it raised $50 million in a Series B funding round. Industry sources estimated that the current round values the company, after money, at $300 million. Meta makes an AR headset/glasses of the same name, as well as software to run on it. The company plans to use the money to continue building out its technology, developing apps, expanding into new markets like China, and working on the next generation of its headset, the Meta 3. Meta was founded in 2012 by Raymond Lo, Ben Sand and Meron Gribetz and is based out of California.