Thursday, June 25, 2015

Matterport Finds $30M For Virtual Reality Software

Mountain View-based Matterport said this morning that it has raised $30M in a Series C funding, led by Qualcomm. The company--which develops computer vision software which helps reconstruct real-life, physical space sin virtual reality environments--said that GIC and its other major investors also participated in the funding. Other investors in Matterport include Lux Capital, DCM Ventures, Felicis Ventures, Greylock Partners, Navitas Capital, AMD Venntures, AME Cloud VEntures, iGlobe Partners, Rothernberg Ventures, Blacke Krikorian (Sling Media), and Gordon Segal (Crate & Barrel). Matterport is headed by Bill Brown.