NextVR


NextVR raises $80m funding round

Virtual reality broadcast specialist NextVR has raised US$80 million in Series B funding, which it said will help to expand its global footprint. With the new financing, NextVR said that it will accelerate development of its virtual reality platform and international operations. The company, which specialises in streaming live VR content, said that it plans to […]

Report: NextVR raises $20m from Chinese firm

NextVR, a company that specialises in virtual reality live-event streams, has reportedly raised US$20 million from Chinese investment group CITIC Guoan. According to a Variety report, CITIC bought Class B shares representing 2.3% of NextVR’s total equity, with the deal part of a planned US$80 million round that will value the firm at US$800 million. […]

NBC Sports in VR first

NBC Sports Group made its first steps into virtual reality broadcasting at the weekend by airing VR footage from the Kentucky Derby, in partnership with NextVR. The companies claimed that Saturday’s coverage marked the “first-ever horse racing in virtual reality” with footage captured “from the paddock to the track and finishing in the winner’s circle”. […]

VR firm raises $30.5m from Comcast, Time Warner

NextVR, a company that specialises in virtual reality live-event streams, has raised US$30.5 in funding with participation from US pay TV giants Comcast and Time Warner. Venture capital firm Formation 8 led the funding, with Comcast Ventures and Time Warner Investments joining the round – throwing their support behind the new broadcasting technology. NextVR confirmed […]