What is Vreal?
Founded in 2015, Vreal operates as the premier broadcast platform for virtual reality entertainment. The company empowers content creators to record, stream, and share immersive VR experiences with a global audience. Vreal's innovative technology allows viewers to engage with content either through a VR headset for a fully immersive experience or via a standard 2D screen, fostering broad accessibility. Viewers can also join friends within these virtual streams, enhancing social interaction and community building around VR content.
How much funding has Vreal raised?
Vreal has raised a total of $11.7M across 1 funding round:
Series A
$11.7M
Series A (2018): $11.7M with participation from Upfront Ventures, Youku Tudou, and Intel Capital
Key Investors in Vreal
Upfront Ventures
Upfront Ventures is a venture capital firm located in Los Angeles that focuses on investing in technology businesses. Their investment areas include digital media, SaaS, consumer internet, and retail innovation.
Youku Tudou
Youku.com Inc. is China's leading Internet television company. The company's Internet television platform enables users to search, view and share high-quality video content quickly and easily across multiple devices.
Intel Capital
Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, and next-generation compute. They aim to support companies driving technological advancements.
What's next for Vreal?
The substantial enterprise-level funding Vreal has garnered, particularly the recent strategic investment, signals a strong validation of its business model and market potential. This capital infusion is likely to fuel Vreal's expansion into new markets, enhance its platform's technological capabilities, and broaden its content creator partnerships. The company is poised to further solidify its leadership in the VR entertainment space, potentially exploring new monetization strategies and deeper integration with emerging VR hardware and software ecosystems.
See full Vreal company page