Los Angeles-based virtual reality (VR) startup Visionary VR has raised a $6 million series A round of funding from DFJ, the Virtual Reality Fund, BDM, Greylock and others. This comes after Visionary raised close to $600,000 as part of a friends and family round in 2015.
CEO Gil Baron and CCO Jonnie Ross told Variety Tuesday that they want to use the money to further grow their team, which currently consists of 15 people, as well as build out the product.
Visionary is in the process of building a content creation tool for VR that focuses on storytelling. “It’s VR story creation for everyone,” said Ross.
See the full story here: http://variety.com/2016/digital/news/visionary-vr-6-million-dollars-funding-1201736733/