NextVR Receives $80,000,000 Series B Financing

  • Feed Type
  • Date
    8/10/2016
  • Company Name
    NextVR
  • Mailing Address
    345 Third St. Laguna Beach, CA 92651 USA
  • Company Description
    NextVR is a pioneer in capturing and delivering immersive, high-definition, live and recorded virtual reality experiences.
  • Website
    http://www.nextvr.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $80,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The new funding will lead to a sustainable cadence of live and on-demand virtual reality broadcasts.
  • M&A Terms
  • Venture Investor
    CITIC Group Corp.
  • Venture Investor
    NetEase
  • Venture Investor
    SoftBank Ventures Korea
  • Venture Investor
    VMS Investment Group
  • Venture Investor
    Foundry Group
  • Venture Investor
    Spectrum 28