Virtual Reality Storytelling Startup Visionary VR Raises $6 Million

Los Angeles-based virtual reality (VR) startup Visionary VR has raised a $6 million series A round of funding from DFJ, the Venture Reality Fund, BDM, Greycroft and others. This comes after Visionary raised close to $600,000 as part of a friends and family round in 2015.

CEO Gil Baron and CCO Jonnie Ross told Variety on Tuesday that they want to use the money to further grow their team, which currently consists of 15 people, as well as build out the product.

SEE MORE: Hardware Giants Bet Big on Virtual Reality and a Market That Doesn’t Yet Exist

Visionary is in the process of building a content creation tool for VR that focuses on storytelling. “It’s VR story creation for everyone,” said Ross. The two co-founders didn’t want to reveal too many details about the platform, but here’s a first preview video shared by the company last year:

Baron said that he first tried the Oculus Rift back in 2014, and recalled that he was immediately blown away by the technology and its potential for storytelling. “It was like looking through a crystal ball,” he said.

Two years later, headsets like the Rift are finally reaching consumers, which why it is ever more important to have tools for storytellers available, argued Baron. He said, “2016 is going to be a really important year for VR.”

More Digital

  • Courtesy of 8i

    Holographic Capture Startup 8i Plans to Lay Off Half of Its Staff

    Los Angeles-based virtual reality (VR) startup Visionary VR has raised a $6 million series A round of funding from DFJ, the Venture Reality Fund, BDM, Greycroft and others. This comes after Visionary raised close to $600,000 as part of a friends and family round in 2015. CEO Gil Baron and CCO Jonnie Ross told Variety on Tuesday that […]

  • Sirius Logo

    SiriusXM Hit With Big Rate Hike by Copyright Royalty Board

    Los Angeles-based virtual reality (VR) startup Visionary VR has raised a $6 million series A round of funding from DFJ, the Venture Reality Fund, BDM, Greycroft and others. This comes after Visionary raised close to $600,000 as part of a friends and family round in 2015. CEO Gil Baron and CCO Jonnie Ross told Variety on Tuesday that […]

  • Google Home Max

    Google Home Max Review: Want Some Bass With Those Smarts?

    Los Angeles-based virtual reality (VR) startup Visionary VR has raised a $6 million series A round of funding from DFJ, the Venture Reality Fund, BDM, Greycroft and others. This comes after Visionary raised close to $600,000 as part of a friends and family round in 2015. CEO Gil Baron and CCO Jonnie Ross told Variety on Tuesday that […]

  • Erik Huggers Vevo

    Vevo CEO Erik Huggers Is Stepping Down

    Los Angeles-based virtual reality (VR) startup Visionary VR has raised a $6 million series A round of funding from DFJ, the Venture Reality Fund, BDM, Greycroft and others. This comes after Visionary raised close to $600,000 as part of a friends and family round in 2015. CEO Gil Baron and CCO Jonnie Ross told Variety on Tuesday that […]

  • Facebook

    Facebook Adds Snooze Button to Mute Friends, Pages for 30 Days

    Los Angeles-based virtual reality (VR) startup Visionary VR has raised a $6 million series A round of funding from DFJ, the Venture Reality Fund, BDM, Greycroft and others. This comes after Visionary raised close to $600,000 as part of a friends and family round in 2015. CEO Gil Baron and CCO Jonnie Ross told Variety on Tuesday that […]

  • vice_logo

    Disney Will Get More Vice After Acquiring 21st Century Fox's $70 Million Stake

    Los Angeles-based virtual reality (VR) startup Visionary VR has raised a $6 million series A round of funding from DFJ, the Venture Reality Fund, BDM, Greycroft and others. This comes after Visionary raised close to $600,000 as part of a friends and family round in 2015. CEO Gil Baron and CCO Jonnie Ross told Variety on Tuesday that […]

  • Refinery29 - philippe-von-borries-justin-stefano

    Refinery29 Lays Off 34 Staffers in Latest Sign of Digital-Media Malaise

    Los Angeles-based virtual reality (VR) startup Visionary VR has raised a $6 million series A round of funding from DFJ, the Venture Reality Fund, BDM, Greycroft and others. This comes after Visionary raised close to $600,000 as part of a friends and family round in 2015. CEO Gil Baron and CCO Jonnie Ross told Variety on Tuesday that […]

More From Our Brands

Access exclusive content