Tech Company Financing Transactions

ObEN Funding Round

ObEN, based in Pasadena, secured $7.7 million in investment from CrestValue Capital, Cybernaut Venture and private investors.

Transaction Overview

Company Name
Announced On
11/7/2016
Transaction Type
Venture Equity
Amount
$7,700,000
Round
Series A
Investors

CrestValue Capital (Lead Investor) (Ming Fang)

Cybernaut Venture (Henry Xue)

Private Investors (Allen DeBevoise)

Private Investors (Gordon Cheng)

Third Wave Ventures

Proceeds Purpose
ObEN will use the funds to continue rapid product development, grow its team of world-class scientists, and identify new partnerships.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
130 West Union St.
Pasadena, CA 91103
USA
Phone
Undisclosed
Email Address
Overview
ObEN's proprietary artificial intelligence technology quickly combines a person's 2D image and voice to create a personalized and realistic 3D virtual self. Transport your virtual self into virtual reality and augmented reality environments and enjoy deeper, social, more memorable experiences.
Profile
ObEN LinkedIn Company Profile
Social Media
ObEN Company Twitter Account
Company News
ObEN News
Facebook
ObEN on Facebook
YouTube
ObEN on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nikhil Jain
  Nikhil Jain LinkedIn Profile  Nikhil Jain Twitter Account  Nikhil Jain News  Nikhil Jain on Facebook
Chief Operating Officer
Adam Zheng
  Adam Zheng LinkedIn Profile  Adam Zheng Twitter Account  Adam Zheng News  Adam Zheng on Facebook


 

 

Browse more venture capital transactions:

Prev: 11/7/2016: PetCoach venture capital transaction
Next: 11/7/2016: BioCardia venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary