ReelTime (OTC PINK: RLTR), a Spring Hill, FL-based virtual reality content producer, closed $2m in funding.
Media Funding Group made the investment in exchange for a combination of stock at a premium to the market.
The company intends to use the funds for national and local advertising placements.
Led by James Hodges, CEO, ReelTime is a leader in the production and distribution of Virtual Reality Content worldwide.
ReelTime VR, which is available now to nearly 2 billion devices worldwide for iPhone, Android, and Blackberry devices, is a free application that allows users to view content for free with or without a virtual reality headset using most smartphones worldwide.
ReelTime VR is available to the public and can adapt any content shot to standards, allowing distribution by third parties.
The free app can be downloaded on any Android or iPhone.
FinSMEs
18/09/2015