Tech Company Financing Transactions
Baobab Studios Funding Round
Baobab Studios closed a $25 million investment round on 10/19/2016. Investors included Horizons Ventures, 21st Century Fox and Comcast Ventures.
Transaction Overview
Company Name
Announced On
10/19/2016
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Horizons Ventures (Lead Investor) (Phil Chen)
Proceeds Purpose
This new round of funding will be used to develop more animated VR movies and grow Baobab on a global scale, said Maureen Fan, CEO of Baobab, in an interview with VentureBeat.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
Undisclosed
Redwood City, CA 94065
USA
Redwood City, CA 94065
USA
Phone
Undisclosed
Website
Email Address
Overview
Baobab Studios is a virtual reality company that creates story and character-driven cinematic experiences.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Maureen Fan
Chief Scientific Officer
Michael Hutchinson
Chief Technical Officer
Larry Cutler
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