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
Mountain View, CA 94043
USA
Phone
Undisclosed
Website
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
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Rishi Ranjan
Chief Technical Officer
Bhaskar Banerjee
Co-Founder
Yaranama Dass
Co-Founder
Dijam Panigrahi
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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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