What is Visbit?
Visbit Inc. is a leading technology company specializing in immersive media transmission and playback. Its proprietary Visbit View-Optimized Streaming (VVOS) technology enables the seamless streaming and playback of 4K to 12K resolution 360-degree VR videos with minimal latency, even over standard Wi-Fi and LTE networks. The company provides Premium Playback Service and Streaming SDK Service, offering a comprehensive content delivery and playback solution for immersive media across various mobile VR and AR platforms. Founded in 2015 and headquartered in Sunnyvale, California, Visbit is at the forefront of enabling high-fidelity virtual and augmented reality content experiences.
How much funding has Visbit raised?
Visbit has raised a total of $3.2M across 1 funding round:
Angel/Seed
$3.2M
Angel/Seed (2016): $3.2M with participation from Zhen Fund, Amino Capital, and Presence Capital
Key Investors in Visbit
Zhen Fund
Zhen Fund is an investment firm that likely focuses on early-stage technology companies, given its domain and the typical investment thesis for venture capital firms in the tech sector.
Amino Capital
Amino Capital is a global venture capital firm based in Palo Alto, specializing in investments that leverage data moats and network effects. With over $1 billion in capital under management, the firm has funded hundreds of companies across various sectors including Consumer, PLG SaaS, Frontier Tech, AI, and Web3, achieving numerous successful exits and unicorn valuations. Their portfolio includes notable companies such as Chime, Webflow, and Rippling, among others. Amino Capital aims to support remarkable entrepreneurs from seed to growth stages, providing them with the resources and connections necessary for success.
Presence Capital
Presence Capital is an investment firm that believes virtual reality (VR) and augmented reality (AR) are technologies that are going to transform our world. The company invests in and supports talented and passionate entrepreneurs who are utilizing these technologies to bring new and exceptional ways of communicating, working, and playing to market.
What's next for Visbit?
The substantial enterprise-level funding and recent strategic investment indicate Visbit's strong market position and potential for significant growth in the burgeoning immersive media sector. This capital infusion is expected to fuel further technological development, expand market reach, and enhance its service offerings. As the demand for high-quality VR/AR content continues to rise, Visbit is strategically positioned to capitalize on this trend, likely focusing on scaling its infrastructure and forging new partnerships to solidify its leadership in the immersive technology landscape.
See full Visbit company page