Ina Fried

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Former Citigroup CTO Yobie Benjamin Joins Wearable Startup Avegant

Former Citigroup technology executive Yobie Benjamin said today that he is joining wearable upstart Avegant as the company’s chief operating officer and chief software officer.

Yobie

Benjamin announced his new gig Monday at the Glazed wearable technology conference in San Francisco.

The company is working on a wearable display that uses a micro-mirror array and specialized optics to project directly onto the retina — what the company calls a “virtual retinal display.” The company said it will show prototypes of a headset incorporating its technology next month and hopes to debut its consumer technology at CES in January.

“We’re at the dawn of a new age in wearable technology, and Avegant has the products that are going to lead the revolution,” Benjamin said in a statement.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald