K-ICT Born2Global Center said on August 24 that its member company VisualCamp has been selected by Red Herring as one of the most innovative 100 technology start-ups in Asia.
Red Herring, a global media company that mainly focuses on information technology, has been selecting the most exciting and promising start-ups from Asia, the North America, and Europe every year since 1996.
As a result of a fierce competition among hundreds of companies from all of Asia, a total of four Korean companies including VisualCamp have made it to the 2016 Red Herring Top Asia Award.
The result has qualified VisualCamp to take part in the 2016 Red Herring Asia held in Manila, Philippines from September 12 to 15 with the support of the Born2Global Center.
The core technology of VisualCamp is the combination of an eye tracking technology with Virtual Reality Head Mount Displays (VR HMD) used for mobile phones. That is, an eye tracking technology is applied to wireless VR HMD. VisualCamp is the only company in the world to own such a technology that could be utilized on mobiles. Its wider application is another advantage; it could be adapted to VR platforms as a crucial technology like for analyzing the consumer behavior in the space of VR or the effectiveness of advertising.
“It is an honor to be recognized as one of the top companies that drive innovation across the globe,” said VisualCamp CEO Seok Yun-chan, adding, “We will grow into an unrivaled company that owns eye tracking solutions by developing innovative technologies.”
“Our center’s start-up members are making a name for themselves, resulting in more outstanding results than before. VisualCamp is also being recognized as holding unequaled technological prowess which it has nurtured to keep up with the global VR trend. It is expected to attract investment from China and the US, as well as to form partnerships with firms in those countries,” said Kim Jong-gap, the head of the Born2Global center.