View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Networks
September 22, 2015

Disney leads $65m funding into virtual reality startup Jaunt

Jaunt is advancing the scope of cinematic virtual reality.

By CBR Staff Writer

Virtual reality (VR) startup Jaunt has raised $65m from several media companies, bringing its total funding to more than $100m.

The investors in series C round include the Walt Disney Company, ProSiebenSat.1, Axel Springer, the Madison Square Garden Company, China Media Capital, and Evolution Media Partners.

Google Ventures, Highland Capital, Redpoint Ventures, Sky and SV Angel have already invested in Jaunt.

Jaunt will use the money to expand its VR production and enhance its camera hardware and software tools.

The company is also planning to expand staffing at its Palo Alto headquarters in California and a new Los Angeles (LA) studio.

Jaunt CEO and co-founder Jens Christensen said: "This round further illustrates our commitment and dedication to advancing the scope of cinematic VR – for filmmakers, storytellers, and audiences alike.

"With the support of these world-class companies, we will explore new avenues, building on our leadership position to deliver amazing VR experiences using best-in-class tools, technology, and creative teams."

Content from our partners
Unlocking growth through hybrid cloud: 5 key takeaways
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape

Jaunt is partnering with various content creators as well as technology and media firms for taking VR to the next level.

The company has recently announced 5th generation patentpending camera system, dubbed Jaunt ONE,

Earlier this year, the company announced Jaunt Studios, a new unit which will develop, produce and collaborate on live-action VR experiences from its LA studio.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU