Blippar, an augmented reality and computer vision startup that collapsed into administration in December, is to relaunch after its intellectual property assets were bought by one of its investors, Candy Ventures.
Also of interest: Blippar raises more cash as losses mount
The firm will hire a number of former key Blippar team members for the relaunch, a press release states. The Co-Founder and CEO, Ambarish Mitra will lead the new company, which will also trade under the name Blippar.
The focus will be on “developing a SaaS augmented reality creation and publishing platform (Blippbuilder) which makes it easy for everybody to create AR whether they have technical skills or not,” Candy Ventures says.