Immersv Raises $10.5 Million

Published by , August 20, 2017 10:28 pm

(VentureBeat)  Immersv has raised $10.5 million to strengthen its position as a provider of advertising for virtual reality and mobile 360-degree apps and games. Immersv’s funding shows that investors are still willing to put money into companies that are generating revenues in the emerging market.
Rogers Venture Partners led the investment round, with participation from Foundation Capital, The Venture Reality Fund, Initial Capital, East Ventures, HTC Vive, MCJ, Gree, i-mobile, Metaps, and Gigi Levy. Rogers Venture Partners general partner Paul Sestili and Gumi founder and CEO Hironao Kunimitsu have joined Immersv’s board.

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