Tech Company Financing Transactions
WEVR Funding Round
WEVR, based in Venice, secured $25 million in investment from AME Cloud Ventures, Boldstart Ventures and Digital Garage.
Transaction Overview
Company Name
Announced On
2/5/2016
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Proceeds Purpose
In addition to building out the Transport technology, which includes the app, the cloud service to store the content, and the engine to create virtual reality content, the company is also working with independent virtual reality filmmakers.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
550 Rose Ave.
Venice, CA 90291
USA
Venice, CA 90291
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
WEVR is a virtual reality community and VR media player for aspiring and professional creatives. WEVR collaborates with leaders in the immersive, creative, and technology communities -- providing high performance VR playback software for VR producers.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 2/5/2016: OwnBackup venture capital transaction
Next: 2/5/2016: Elemental Machines venture capital transaction
Share this article
News on VC Transactions
We record every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs