Tech Company Financing Transactions

Virtual Reality Company Funding Round

Element Partners, Hengxin Mobile Business and private investors invested in a $23 million venture round for Virtual Reality Company. This VC investment round was announced by the company on 6/13/2016.

Transaction Overview

Announced On
6/13/2016
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Undisclosed
Proceeds Purpose
This recent injection of capital allows us to discover new creative territories and stake our claim in this exciting frontier. VR is no longer just a dream of visionaries.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
5700 Wilshire Blvd. 650
Los Angeles, CA 90036
USA
Phone
Undisclosed
Email Address
Overview
VRC is best known for The Martian VR Experience, a 20-minute piece that the startup produced in conjunction with the 20th Century Fox Innovation Lab. The company has since started to work on a number of additional experiences, including a Steven Spielberg collaboration that's been described as a family oriented VR program.
Profile
Virtual Reality Company LinkedIn Company Profile
Social Media
Virtual Reality Company Company Twitter Account
Company News
Virtual Reality Company News
Facebook
Virtual Reality Company on Facebook
YouTube
Virtual Reality Company on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Guy Primus
  Guy Primus LinkedIn Profile  Guy Primus Twitter Account  Guy Primus News  Guy Primus on Facebook
Founder
Joel Newton
  Joel Newton LinkedIn Profile  Joel Newton Twitter Account  Joel Newton News  Joel Newton on Facebook
Founder
Robert Stromberg
  Robert Stromberg LinkedIn Profile  Robert Stromberg Twitter Account  Robert Stromberg News  Robert Stromberg on Facebook
VP - Product Management
Chris Edwards
  Chris Edwards LinkedIn Profile  Chris Edwards Twitter Account  Chris Edwards News  Chris Edwards on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/13/2016: Eaze venture capital transaction
Next: 6/13/2016: StreamLink Software venture capital transaction

 

Share this article

 


Where The Data Comes From

We report on funding rounds that are announced publicly. VC investment data records on this site are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary