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YBVR secures $1.5M in financing from Verizon Ventures, TCA and Wayra (Telefonica)


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SAN JOSE, Calif., Feb. 17, 2021 /PRNewswire/  
YBVR, a next-generation XR video distribution platform, today announced a $1.5 million Pre-Series A funding round with participation from Verizon Ventures, Telefonica s Wayra and Tech Coast Angels. The funding will be used to advance the company s technology, build its team and further key partnerships.
With 360-degree streaming, YBVR s video platform significantly enhances the virtual viewing experience. The investment marks a significant inflection point for the company, as it will be able to live stream 8K ultra-high-definition video with next-generation technologies for a premium experience across devices with a sub-second latency.
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