AmazeVR, a Los Angeles, CA-based cloud-based platform for high-quality VR content production and distribution, secured $2.5m in additional Series A funding.
Backers included Partners Investment and YG Investment. This round brought its A round total to $9.5m.
The company intends to use the funds to build out the VR content and distribution platform as well as expand into offline channels.
Led by Steve Lee, CEO, AmazeVR offers an end-to-end VR content service with custom equipment/tools, proprietary software, and a hands-on team. The content is distributed through all major VR stores.
The company has also soft opened its first offline VR experience ahead of the official launch in Incheon International Airport in Seoul. Created in partnership with Golden Tree Investment Advisory, Amazing Square is an 11,000 square foot enclosure that will serve as a getaway for busy travelers taking the airtrain to Terminal 1. The space includes meditation areas and relaxing VR experiences sourced from the Amaze platform. The company is expanding its location-based distribution across the U.S., working with major record labels and music management companies for immersive artist experiences.
FinSMEs
29/01/2020