Tech Company Financing Transactions

GridRaster Funding Round

GridRaster, based in Mountain View, scored $2.5 million in funding from Blackhorn Ventures, Exfinity Venture Partners and MaC Venture Capital.

Transaction Overview

Company Name
Announced On
7/23/2020
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Undisclosed
Investors
Proceeds Purpose
This infusion of additional capital enables GridRaster to continue developing its XR solutions, powered by cloud-based remote rendering and 3D vision-based AI, in key customer markets that include Aerospace, Defense, Automotive and Telecommunications.

Company Information

Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
1931 Old Middlefield Way G
Mountain View, CA 94043
USA
Phone
Undisclosed
Email Address
Overview
GridRaster provides the underlying compute and network stack to power immersive mixed-reality experiences on mobile platforms. Intelligent collaborative computing between the mobile device and edge-cloud allows for ultra low latency, high-frame rate, and high-resolution real-time visual rendering.
Profile
GridRaster LinkedIn Company Profile
Social Media
GridRaster Company Twitter Account
Company News
GridRaster News
Facebook
GridRaster on Facebook
YouTube
GridRaster on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rishi Ranjan
  Rishi Ranjan LinkedIn Profile  Rishi Ranjan Twitter Account  Rishi Ranjan News  Rishi Ranjan on Facebook
Chief Technical Officer
Bhaskar Banerjee
  Bhaskar Banerjee LinkedIn Profile  Bhaskar Banerjee Twitter Account  Bhaskar Banerjee News  Bhaskar Banerjee on Facebook
Co-Founder
Yaranama Dass
  Yaranama Dass LinkedIn Profile  Yaranama Dass Twitter Account  Yaranama Dass News  Yaranama Dass on Facebook
Co-Founder
Dijam Panigrahi
  Dijam Panigrahi LinkedIn Profile  Dijam Panigrahi Twitter Account  Dijam Panigrahi News  Dijam Panigrahi on Facebook


 

 

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Prev: 7/23/2020: Sotero venture capital transaction
Next: 7/23/2020: KUDO venture capital transaction

 

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We do our best to document tech company VC transactions. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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