Pokémon Go may be getting all the ink, but it's just the most visible success right now in the world of augmented reality and virtual reality.
According to a new report from Digi-Capital, VCs have invested a record $2 billion in AR and VR startups in the last year.
The big dog in the AR industry, of course, is Magic Leap, which scored a $749 million investment. But, the Digi-Capital report concludes that the remainder of the $2 billion–60%–went to investments in "video, hardware, solutions and services, games, apps, advertising/marketing, tech, distribution and peripherals." Even without Magic Leap, the AR and VR industries are now bringing in more than $1 billion in VC money a year. DT