Tech Company Financing Transactions
NextVR Funding Round
NextVR secured a $80 million Series B funding round on 8/10/2016. Backers included CITIC Group Corp., Foundry Group and NetEase.
Transaction Overview
Company Name
Announced On
8/10/2016
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series B
Investors
Proceeds Purpose
The new funding will lead to a sustainable cadence of live and on-demand virtual reality broadcasts.
Company Information
Company Status
Acquired or Merged
Industry
Digital Media & VR & AR
Mailing Address
345 3rd St.
Laguna Beach, CA 92651
USA
Laguna Beach, CA 92651
USA
Phone
Website
Email Address
Overview
NextVR is a pioneer in capturing and delivering immersive, high-definition, live and recorded virtual reality experiences.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Brad Allen
Chief Executive Officer
David Cole
Co-Founder
Brian Koo
Co-Founder
DJ Roller
Executive Vice President
David Cramer
VP - Engineering
Alan Moss
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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