philip lelyveld The world of entertainment technology

NextVR Raises $5 Million for Live VR Broadcast Tech, Content to Come Pre-loaded on Samsung Gear VR

NextVR, formerly Next3D, have announced a $5 million funding round designed to grow the company and develop their virtual reality live-broadcast technology. The company has been working with Samsung on Gear VR since before the reveal, and its stereoscopic 360 content will be pre-loaded onto the device for users to enjoy.

The ability to stream live stereoscopic 360 content makes live events the obvious killer app for NextVR’s solution. The company says it will “initially focus on live and recorded sporting events, concerts and life-like nature experiences but will continue to expand into other areas as the company secures additional relationships with networks, motion picture studios and content providers.”

See the full story here: http://www.roadtovr.com/nextvr-raises-5-million-live-vr-broadcast-tech-content-pre-loaded-samsung-gear-vr/?utm_source=KZero+Website+Subscribers&utm_campaign=a64476a8c1-Template_for_VR_News_Weekly31&utm_medium=email&utm_term=0_6f364169c5-a64476a8c1-117770001