VIrtualitics Receives $4.4 Million Funding

Published by , April 17, 2017 11:58 am

(YahooFinance)  Virtualitics, Inc., announced it has raised $4.4 million in a Series A funding round led by The Venture Reality Fund (The VR Fund). Virtualitics’ intuitive platform enables users to leverage the immersive properties of VR to examine up to 10 dimensions of data in a shared virtual office, which provides a collaborative environment for visual data exploration and analysis. The company possesses a pedigree of more than a decade of advanced research at Caltech (California Institute of Technology) and NASA’s Jet Propulsion Laboratory (JPL) and a founding team of pioneers and luminaries in data analysis, data visualization, machine learning and mixed reality applications
Virtualitics will leverage the investment to expand its team and accelerate the deployment of new functionality within its platform, which combines VR/AR data visualization, artificial intelligence, natural language and machine learning to identify multidimensional relationships and actionable knowledge hidden in complex datasets. The use of 3D environments is well-suited for human perception, intuition and pattern recognition, leading to insights that would be difficult to garner through traditional methods of analysis.

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