Bigscreen nabs $11M in appropriation as it looks to build a ideal practical movie-watching app

Big screens apparently meant large money.

Virtual existence remote desktop app Bigscreen has combined $11 million in Series A appropriation to a pocketbooks as it looks to continue some loss financier seductiveness in VR and build adult a technologies while a VR headset marketplace builds itself up.

The turn was led by True Ventures, with prior investor Andreessen Horowitz participating as well. The WSJ initial reported a appropriation news.

Bigscreen uses remote desktop streaming to let mixed users perspective calm from their PC’s shade inside VR. The height is now accessible on a Oculus Rift and HTC Vive, and will be rising subsequent week on Microsoft’s VR headset platform.

Right now a categorical concentration for a record is in examination videos; a association recently denounced a huge, boldly illuminated film museum sourroundings that users have apparently spent a garland of time in. The association announced in a blog post currently that it now has some-more than a quarter-million purebred users, also observant that a energy users spend between 20-30+ hours in a app per week.

Down a highway a association is meddlesome in saying where a VR technologies can take productivity.

“The strange impulse for Bigscreen was to build practical bureau systems, that is still one of a applications that we consider is unequivocally critical for VR and on Bigscreen. So, we’re going to continue to concentration on that over time,” pronounced CEO Darshan Shankar.

Bigscreen only lifted a $3 million seed turn in Feb from Andreessen Horowitz and others, though a gaunt remote group hasn’t left by most of that money. This lift is mostly focused for a future, Shankar tells TechCrunch.

“For a past year, seed and Series A appropriation for VR has effectively dusty adult completely. Not a lot of new investments in VR over a past year that I’ve seen,” pronounced Shankar. “We’re doing unequivocally good and we wish to make certain that we have income over a subsequent several years to pursue the desirous things and not lift income when we’re out of money.”

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Posted by on Oct 10 2017. Filed under NEWS. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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