Japan’s VRize, 360-degree VR ad network, secures six-digit funding from B Dash, Speee



This is the abridged version from our original article in Japanese.

Tokyo-based VRize, the company developing ad network business in the virtual reality (VR) space, announced today that it has secured funding from Japanese investment firm B Dash Ventures and Japanese web marketing company Speee in a seed round. Financial details of the deal have not been disclosed but it seems to have raised six-digit sums in US dollars. Upon this funding, the company has introduced a new service called VRize Video to date.

VRize Video is a content management system for VR (CMS for VR) that allows companies or studios to develop VR apps including in-app video clips for several VR platforms such as Oculus, PlayStationVR, HTC Vive, GearVR and Daydream. In addition to distributing VR apps including 360-degree and 2D video clips, the company plans to add to the system several other features such as livestreaming and in-app analysis.

See also:

VRize CEO Hideyuki Shoda

Translated by Masaru Ikeda
Edited by “Tex” Pomeroy