DigiLens has raised funding from Samsung Electronics in a round that values the augmented reality smart glasses makers at more than $500 million.

Sunnyvale, California-based DigiLens did not say the exact amount it raised for the development of its extended reality glasses (XR), which will offer AR features, such as overlaying digital images on what you see.

DigiLens CEO Chris Pickett said in a previous interview with VentureBeat that the latest smart glasses are more advanced than models the company showed in 2019.