Startup makes device which fits on glasses, reads text aloud

Israeli visual aid company OrCam has developed a device for visually impaired users which can be attached to a pair of eyeglasses and can read text aloud. Priced at $4,500, the device can also announce the names of friends and family in 12 languages. The startup has been valued at $1 billion after a recent $30.4 million round of funding.