Tech Company Financing Transactions
Penrose Studios Funding Round
Penrose Studios, based in San Francisco, secured $10 million in investment from Translink Capital, 8VC and private investors.
Transaction Overview
Company Name
Announced On
7/12/2018
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Translink Capital (Lead Investor) (Jay Eum)
private investors (Marc Benioff)
private investors (William Adams)
Proceeds Purpose
Capital from the Series A will fund continued development of VR and AR movies and experiences and provide Penrose Studios the necessary resources to continue to grow, innovate and continue creating critically-acclaimed content for the growing number of VR headset users around the world.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Undisclosed
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Penrose is focused on augmented and virtual reality storytelling. Through the process of creation with world class storytellers and technologists, Penrose is inventing and defining the language of real-time cinema for AR and VR.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eugene Chung
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We do our best to report on funding rounds that are announced publicly. All VC database entries on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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