Jaunt Aims to Kick-Start Hollywood Virtual Reality With $27.8 Million in New Funding
Posted: Thu Aug 21, 2014 2:59 pm
"We think over next few years, as the technology becomes available, virtual reality will see mass adoption," says co-founder Jens Christensen
By Carolyn Giardina
Jaunt -- a Palo Alto-based startup that is developing hardware and software to enable the production and display of virtual reality experiences -- has raised $27.8 million in a new round of funding, bringing the total investment in the company to $34 million. With the new funding, the company aims to continue to develop relationships in Hollywood in order to kick-start VR content creation.
Jens Christensen, co-founder and CEO of Jaunt, told The Hollywood Reporter that the new investment would be used to grow the company and speed up its technology development. Among those technologies are professional hardware and software tools to enable production and postproduction of 360-degree VR experiences, including a sphere-shaped camera (a prototype of the camera is pictured) with lenses pointing in all directions.
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