Japan's Tonchidot Raises $12M for SoLAR: Location-Based, Social and Augmented Reality Games Platform

Japanese based Mobile augmented reality platform provider Tonchidot Corporation recently completed a Series B round of financing of $12M by various Japanese companies like KDDI SPiRE and others. DCM also joined this round of funding after leading Tonchidot’s $4M in series A financing back in Dec 2008. The company’s app platform called SoLAR allows third party developers to release games with social, LBS and AR components empowered with their flagship Sekai Camera application. More after the jump.