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Occipital announces investment, new hires

Occipital, the company behind the popular iPhone and iPad app 360 Panorama, announced on Wednesday that it received US$7 million in venture funding. 360 Panorama lets you take panorama pictures by shooting a series of pictures at one and stitching them on the phone before saving them to your camera roll.

Besides a healthy infusion of cash, Occipital is also expanding beyond its iOS application to create a computer vision platform that other developers can use. Occipital will create the backbone and developers will use their creative skills to produce innovative apps with advanced imaging and camera features like eye tracking.

Occipital has also added four new members to its board of directors including Jason Mendelson and Brad Feld of a venture capital firm Foundry Group, Manu Kumar of venture capital firm K9 Ventures and Gary Bradski, the creator of OpenCV, an open source computer vision library.

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