Vreal Inc., the VR livestreaming and broadcast platform, has announced that it has raised $11.7 million in a Series A funding round led by Axioma Ventures.
The company is in the process of building a platform that is similar to game streaming sites like Amazon’s Twitch or YouTube, but utilising VR. Users will be able to use their headsets (although the company is primarily working with HTC Vive and Oculus Rift at the moment), and be able to stand next to their favourite streamers while they play.
According to CEO Todd Hooper, the platform has entered a closed alpha testing phase that is focused on streaming audience. The company is also working with game developers and streamers.
The pre-alpha service is currently only available to users running a VIve or Rift headset, although there are plans to add mobile in the near future.
Hmmm this is quite interesting, a vr platform for viewing movies and clips. remember movies like Surrogate? Starring Bruce Willies? I think at the of things, we are going in that direction. And when the Ready player one hits the theaters i think that it will jump start the VR revolution. Better start investing in Vr hehe hope arena update us soon.