The Santa Monica, California-based Spaces is headed by chief executive Shiraz Akmal and chief technology officer Brad Herman, two veterans who worked on DreamWorks Animation’s early VR experiences through 2015. Comcast Ventures led the funding for the company, which will VR and “mixed reality” experiences. Spaces is already working with such companies as Microsoft, NBCUniversal, Big Blue Bubble and The Hettema Group, among others, to develop and produce a wide range of projects across all VR and mixed reality platforms.
Herman also said, “In every respect, VR is creating new horizons, and we’re eager to help companies explore them.”
Other investors included Boost VC; Canyon Creek Capital; Colopl VR Fund; Gree Inc.; Kai Huang; The Venture Reality Fund; the Sinovation Fund; Youku Global Media Fund; and CRCM VC.
The Spaces advisory team includes Dan Offner, attorney, angel investor and former general counsel for Oculus; Keith Boesky, former president of Eidos Interactive and the principal of Boesky & Company; and Indian film actor and entrepreneur Rana Daggubati, star of Baahubali: The Beginning, the highest-grossing film in India’s history.
See the full story here: http://venturebeat.com/2016/05/18/dreamworks-animation-veterans-create-spaces-vr-startup-with-3m-in-funding/