×
You will be redirected back to your article in seconds

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

  • Etika-Desmond-Amofah

    Gaming YouTuber Desmond 'Etika' Amofah Found Dead, NYPD Says

    Desmond Amofah, a YouTube gaming vlogger known online as “Etika,” was found dead by New York police on Tuesday after he was reported missing last week. He was 29. Amofah posted YouTube videos and live-streams focused on Nintendo games and other titles. A body later confirmed to be Amofah’s was found in the East River on [...]

  • Paula Pell

    Quibi Orders Comedic Murder Mystery From Lorne Michaels, 'SNL' Alums

    Quibi keeps shelling out cash for content: Jeffrey Katzenberg’s richly funded startup has ordered a short-form murder-mystery comedy written by and starring former “Saturday Night Live” writers Paula Pell and John Lutz, and executive produced by Lorne Michaels’ Broadway Video alongside Seth Meyers and Mike Shoemaker. In “Mapleworth Murders,” Pell (pictured above) is Abigail Mapleworth, [...]

  • View of the Public Library on

    New York City Public Libraries Drop Kanopy Free Movie-Streaming Service

    Kanopy suffered a blow with the decision by New York City’s three public library systems — collectively the biggest library system in the U.S., with some 210 branches across the Big Apple — to drop the free movie-streaming service, citing high costs. As of July 1, the New York Public Library and the Brooklyn and [...]

  • Cameo

    Celebrity Video Greetings Service Cameo Raises $50 Million

    Cameo, a service that works with celebrities to sell personalized video greetings to fans, has raised a $50 million Series B round of funding led by Kleiner Perkins. The Chernin Group, Spark Ventures, Bain Capital and Lightspeeed Venture Partners participated in the funding as well. Cameo wants to use the cash infusion to grow both [...]

  • Gena Konstantinakos - Topic

    Topic Hires Viceland's Gena Konstantinakos as VP, Development and Video Programming

    Topic, First Look Media’s entertainment studio and digital destination for original content, hired veteran producer Gena Konstantinakos as VP, development and video programming. Konstantinakos hails from Vice Media’s Viceland cable channel, where she was executive producer, development and current series. At Topic, she reports to Ryan Chanatry, general manager of Topic. Konstantinakos is tasked with [...]

  • Martin Kon - YouTube

    YouTube Hires Consultant Martin Kon as VP of Strategy

    Google’s YouTube tapped Martin Kon, who has worked as a tech, media, and telecoms consultant for more than two decades, as VP of strategy. Kon, based at YouTube’s headquarters in San Bruno, Calif., reports to chief business officer Robert Kyncl. Kon will work with YouTube senior execs to help formulate the long-term vision of the [...]

More From Our Brands

Access exclusive content