Virtual Reality Software Innovator, Vizor, Raises $2.3 Million and Announces Launch of Private Beta at F8 Conference

SAN JOSE, Calif.--()--Off the heels of a successful showing at the Facebook Developer Conference, Vizor, a pioneering virtual reality (VR) software company, today announced it has raised $2.3 million in a seed funding round led by The Venture Reality Fund (The VR Fund) and co-led by Inventure. The company also announced the private beta launch of its VR creation and hosting platform, which allows users to effortlessly produce 360-degree tours, stories and WebVR experiences by simply dragging and dropping media components.

“Our investors understand the value in evolving our platform and the limitless creative possibilities it can unlock.”

Focused on advancing the future of virtual reality content on the web, Vizor will utilize the funds to enhance the development and functionality of its platform, which helps lower the barrier to entry for both VR content creation and consumption. “Immersive web is the next iteration of the internet, and our goal is to make it as seamless as possible for businesses and storytellers to fill the world with new, inspiring and beautiful virtual reality content,” said Kaarlo Kananen, founder and CEO, Vizor. “Our investors understand the value in evolving our platform and the limitless creative possibilities it can unlock.”

Equipped with easy-to-use tools such as instant preview, drag-and-drop features, text editor with web font support and more, Vizor allows creative teams across all industries to build and publish 360-degree tours, immersive stories, virtual visits and WebVR experiences onto a website or Facebook feed – all with no coding required.

“Vizor’s platform is truly innovative and can be applied to any industry, representing tremendous market opportunity on a global scale,” said Marco DeMiroz, co-founder and general partner, The VR Fund. “By combining virtual reality with the power and accessibility of the web, Vizor is redefining the future of how WebVR content can be created and viewed.”

Joining The VR Fund and Inventure, Boost VC, Lifeline Ventures and Sisu Game Ventures also contributed to Vizor’s seed round. In addition, Marco DeMiroz of The VR Fund and Ekaterina Gianelli of Inventure will be joining the company’s Board of Directors, lending their expertise and experience to the Vizor team.

Vizor is currently in private beta; for more information or to request a demo, please visit www.vizor.io.

About Vizor
Vizor is a pioneering virtual reality software company. With unique and powerful VR content making tools, Vizor’s mission is to help build a new immersive web by enabling modern businesses and storytellers to fill the world with beautiful engaging content. Vizor has developed its unique solution with brilliantly designed user interfaces and scalability as core foundations. With Vizor’s VR solution, creating, sharing and publishing inspirational VR content has never been easier – empowering its customers to become leaders in virtual reality. Vizor believes that the web should be more immersive, and online experiences and VR content should be in the hands of everyone. For more information, visit www.vizor.io or follow Vizor on Facebook and Twitter.

About The Venture Reality Fund
The Venture Reality Fund (The VR Fund) is a Silicon Valley-based venture capital firm focused on early-stage investments in the virtual reality (VR), augmented reality (AR) and mixed reality (MR) spaces. The firm invests globally in innovative companies across a wide variety of sectors from infrastructure and development tools to content and applications, to help entrepreneurs bring industry-defining technology to market faster. As part of its commitment to educating and strengthening the ecosystem, The VR Fund publishes industry insights including quarterly global VR and AR landscapes detailing the market’s growth, new investments and increased international impact.

For more information, please visit TheVRFund.com, like The VR Fund on Facebook and follow on LinkedIn and Twitter.

About Inventure
Inventure is a leading early-stage venture capital company in the Nordics and Baltics. Inventure invests in innovative and fast-growing companies, led by exceptional entrepreneurs that are willing to disrupt their industries. Inventure’s team is a great mix of experienced entrepreneurs, industry experts, and investment professionals committed to help start-ups build global success stories. Inventure operates in Helsinki, Stockholm, and Shanghai.

For more information, please visit www.inventure.fi.

Contacts

For Vizor
Nathalie Nourian, (310) 777-7546
nathalie@pmbcgroup.com