Total Immersion Receives $5,500,000 New Funding

  • Feed Type
  • Date
    3/24/2011
  • Company Name
    Total Immersion
  • Mailing Address
    5900 Wilshire Blvd. Los Angeles, CA 90036
  • Company Description
    Total Immersion has been focusing on developing the most scalable and reliable Augmented Reality platform and industrialised it for massive rollouts in the Tier 1 consumer market. Our patented software technology, D’Fusion, has been benchmarked and approved by numerous industry leaders and global brands which we are partnering with and building strategic alliances.
  • Website
    http://www.t-Immersion.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,500,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new funding will be used towards further development of the D’Fusion platform and to drive new usage of augmented reality (AR) for end-users. Specifically, the team will be focusing on expanding operations in Asia and in the US, developing a large community of developers and exploring new consumer markets.
  • M&A Terms
  • Venture Investor
    Intel Capital
  • Venture Investor
    Partech International
  • Venture Investor
    Elaia Partners