May 23, 2016 Comments Off on SPACES receives $3 million initial funding
Virtual reality and mixed reality are about to transform everyday life. Thanks to technologies being developed by VR startups like Magic Leap, Blippar and Jaunt, new visualisations where physical and digital objects co-exist and interact with one another, are now possible. Last week, VR startup SPACES received $3 million in funding led by Comcast Ventures. The company is founded by DreamWorks Animation veterans Shiraz Akmal and Brad Herman, the same executive team who led the development and creation of DreamWorks VR app, Dreamworks Color, and Oculus Rift’s Dragon VR flying experience. SPACES helps companies leverage the power of virtual reality and mixed reality. Currently, it is collaborating with Microsoft, NBCUniversal and Big Blue Bubble, among others, to produce a wide range of projects across all VR and mixed reality platforms.
You can read about the funding here.
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