Tech Company Financing Transactions
Wearvr Funding Round
Private investors participated in a $1.5 million funding round for Wearvr. The funding round closed on 4/14/2015.
Transaction Overview
Company Name
Announced On
4/14/2015
Transaction Type
Venture Equity
Amount
$1,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to improve the site and grow its user base.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
171 17th St. NW 1550
Atlanta, GA 30363
USA
Atlanta, GA 30363
USA
Phone
Undisclosed
Website
Email Address
Overview
WEARVR was launched in July 2014 and achieved 100,000 downloads in its first five months. Now, in March 2015 we have reached 200,000 downloads of virtual reality content.This landmark was coupled with the news that WEARVR has completed a $1.5m fund-raising round to improve the site and grow its user base.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nic Mitham
Chief Operating Officer
Andrew Douthwaite
Chief Technical Officer
Matthew Warneford
Co-Founder
Ian Douthwaite
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We document every notable VC transaction. VC transactions reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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