×
You will be redirected back to your article in seconds

Chris Milk’s VR Studio Within Raises $40 Million Series B Round of Funding

Within, the virtual reality studio co-founded by renowned music video director Chris Milk and former Googler Aaron Koblin, has raised a $40 million Series B round of funding. The new cash infusion is led by Temasek and Emerson Collective, and includes WPP and Macro Ventures as new investors.

Existing investors Andreessen Horowitz, 21st Century Fox and Raine Ventures are also back to ship in. Including this latest round, Within has raised a total of $56.6 million thus far.

“With the new wave of growth surrounding emerging formats like AR, there’s a tremendous amount of momentum in the industry right now,” said CEO Chris Milk in a statement. He went on to argue that all the industry really needs is compelling content. “With incredible investment partners, we now have the opportunity to tackle this issue and accelerate getting technically complex, but emotionally powerful, immersive experiences to the public at large.”

Within was previously known as VRSE, and is best known for cinematic virtual reality experiences and collaborations with the United Nations, the new York Times and others. The company announced in January that it was producing a “Planet of the Apes” VR experience for 20th Century Fox’s FoxNext unit, and recently also teamed up with Imax to show Chris Milk’s “Life of Us” VR experience at the company’s VR centers.

More Digital

  • New, Likely Cheaper Galaxy Home Speaker

    Samsung Is Getting Ready to Introduce Second Smart Speaker

    Samsung still isn’t selling its Galaxy Home smart speaker, but the company may be getting ready to introduce a second model soon: An FCC filing for an “AI speaker” suggests that the new model, like the original Galaxy Home, will be dual-branded, featuring both Samsung’s own brand name as well as that of its audio [...]

  • Streaming Placeholder

    TikTok Owner Preparing Streaming Service to Rival Spotify (Report)

    ByteDance, the Beijing-based owner of the TikTok video app, is developing a paid streaming music service aimed at the same emerging markets that Spotify and Apple are seeking to explore, according to a report in Bloomberg. The app could be introduced as early as autumn, according to the report, which adds that the company has [...]

  • VidCon-Now-Stacey-Kelly

    VidCon Launches First Original Series to Promote Creators Year-Round

    VidCon brings together thousands of fervent fans at its annual conventions, who flock to the events to see their favorite YouTubers and other digital celebs in the flesh. Now the Viacom-owned division is trying to keep the excitement burning during the VidCon off-season, too. This week VidCon is launching its first foray into original content [...]

  • Stranger Things

    Coca-Cola Will Revive New Coke in Alliance With Netflix, 'Stranger Things'

    A rush of TV watchers to streaming video has prompted Coca-Cola to test an interesting pour. Coca-Cola will bring New Coke back to market for a brief time, all part of a partnership with Netflix, which has featured Coke in its cult-favorite series “Stranger Things.” The third season of the series, set in 1985, will [...]

  • Lauren Dolgen Exits as BuzzFeed Studios

    Lauren Dolgen Exits as BuzzFeed Studios Boss After a Year

    Veteran TV producer Lauren Dolgen has departed as head of BuzzFeed Studios after one year in the job. BuzzFeed had hired Dolgen, a longtime MTV producer who worked on shows including “Teen Mom” and “16 and Pregnant,” as head of BuzzFeed Studios to oversee the company’s slate of original content. Based in L.A., she had [...]

  • Snap-Derek-Andersen-Lara-Sweet

    Snap Fills Out Senior Ranks With CFO, HR Chief Appointments

    Snap CEO and co-founder Evan Spiegel has turned in house to fill the company’s CFO and head of human resources positions, completing an overhaul of the Snapchat parent’s executive ranks after a series of high-level departures. The company announced the appointment of Derek Andersen, currently Snap’s VP of finance, as chief financial officer. Andersen will [...]

More From Our Brands

Access exclusive content