A system and method for generating 3D video from a plurality of 2D video streams is provided. A video capture device for capturing video to be transformed into 3D video includes a camera module for capturing a two-dimensional (2D) video stream, a location module for determining a location of the video capture device, an orientation module for determining an orientation of the video capture device, and a processing module for associating additional information with the 2D video stream captured by the camera module, the additional information including the orientation of the video capture device and the location of the video capture device.