What is RemoteReality?
RemoteReality Corporation specializes in delivering immersive 360-degree video experiences through its innovative product lines. The company's offerings include the broadcast-grade Hawk 360 camera, optimized for live sports broadcasting and virtual reality applications, and the compact Bluejay 360 system. The Bluejay module is designed for integration into OEM/ODM partner products across diverse markets such as smart home, telepresence, security, defense, and automotive, highlighting RemoteReality's broad market applicability and technological versatility.
How much funding has RemoteReality raised?
RemoteReality has raised a total of $2.5M across 2 funding rounds:
Private Equity
$2M
Debt
$500K
Private Equity (2011): $2M with participation from Connecticut Innovations and Chart Venture Partners
Debt (2013): $500K led by Chart Venture Partners
Key Investors in RemoteReality
Connecticut Innovations
Connecticut Innovations (ctinnovations.com) is Connecticuts strategic venture capital arm and quasipublic investment agency, providing equity and debt financing, strategic guidance, and connections to help innovative, growing companies in the state scale, with dedicated funds for sectors like AI/quantum, climate tech, and biosciences.
Chart Venture Partners
Chart Venture Partners, L.P. (CVP) is a $100M venture capital fund investing in security related technologies with government and commercial applications. We invest in highly differentiated opportunities with large markets where we add value through our industry experience, network of relationships and technology insight.
What's next for RemoteReality?
The substantial enterprise-level backing and recent strategic investment indicate a strong growth trajectory for RemoteReality. This financing is poised to accelerate the company's expansion into new markets and further enhance its product development, particularly in the competitive VR and smart home sectors. The company's focus on integrating its 360-degree video technology into a wide array of consumer and professional products suggests a strategic push towards widespread adoption and market leadership.
See full RemoteReality company page
