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E-Commerce Leader Obsess Takes Virtual Shopping To The Next Level With Latest Funding Round

E-Commerce Leader Obsess Takes Virtual Shopping To The Next Level With Latest Funding Round
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Virtualitics Secures $18 Million to Scale Defense Industry Support and Expand Commercial Market with AI-Driven Analytics and 3D Visualization Technology – Consumer Electronics Net

4 days ago
Patented AI-driven data analytics platform with track record of success with U.S. Department of Defense signals growth into new markets, including healthcare, finance, industrial IOT, motorsports and more
PASADENA, Calif.–(BUSINESS WIRE)–Virtualitics Inc., a leading AI-driven data analytics software company, today announced the close of a new $18 million Series B funding round led by North Sound Ventures. The funding will be applied to expand Virtualitics’ business with the defense industry as well as accelerating and increasing engagements in commercial markets, including use cases in healthcare, finance, industrial IOT and motorsports with several Fortune 500 companies. Additionally, Brian Miller, Chief Investment Officer of North Sound Partners, has joined Virtualitics’ Board of Directors, marking the beginning of a partnership where North Sound Partners and other strategic investors will bring a wealth of knowledge on ....

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Virtualitics Raises $18M in Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

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Orange invests in 'extended reality' sector via early-stage venture capital fund

Orange invests in 'extended reality' sector via early-stage venture capital fund
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Venture Reality Fund , Orange Digital Investment , துணிகர ரியாலிடீ நிதி , ஆரஞ்சு டிஜிட்டல் முதலீடு ,

Venture Reality Fund II Adds Orange to Investor Roster

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The Venture Reality Fund (VRF) has been an important part of the XR market, investing in some of the best and most innovative companies. Today, the venture-capital firm has revealed that Orange – via its holding company Orange Digital Investment – is investing in the new Venture Reality Fund II.
Some of the companies in the Venture Reality Fund portfolio.
With the aim to reach at least $50 million USD, Venture Reality Fund II is looking to invest in at least 35 XR companies taking advantage of 5G. Orange is the first European telecommunications company to invest, building ties as the XR industry looks towards 5G as an important stepping stone to wider adoption in both consumer and enterprise markets. ....

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