Tech Company Financing Transactions
Total Immersion Funding Round
Total Immersion secured a $5.5 million investment round on 3/24/2011. Backers included Intel Capital, Elaia Partners and Partech Partners.
Transaction Overview
Company Name
Announced On
3/24/2011
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Undisclosed
Investors
Proceeds Purpose
The new funding will be used towards further development of the D'Fusion platform and to drive new usage of augmented reality (AR) for end-users. Specifically, the team will be focusing on expanding operations in Asia and in the US, developing a large community of developers and exploring new consumer markets.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
4717 Van Nuys Blvd. 204
Los Angeles, CA 91403
USA
Los Angeles, CA 91403
USA
Phone
Website
Email Address
Not Recorded
Overview
Total Immersion has been focusing on developing the most scalable and reliable Augmented Reality platform and industrialised it for massive rollouts in the Tier 1 consumer market.
Management Team
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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