Survios, a San Francisco startup that aims to pioneer the next-generation of virtual reality (VR) technology, has raised $4 million in series A funding. The round, which was reported this morning by VentureBeat, was led by Shasta Ventures, whose founder Rob Coneybeer will be joining Survios’ board of directors. Also participating in the round were Mavent Partners’ Michael Chang, World Innovation Lab’s Gen Isayama, and Felicis Ventures’ Renata Quintini. Of course, Survios’ funding comes on the heels of Facebook’s $2 billion acquisition of VR startup Oculus, the maker of the Oculus Rift headset. Survios, which got its start in the same University of Southern California Mixed Reality Lab that counts Oculus founder Palmer Luckey as an alum, is perhaps best described as a “Kinect-meets-Oculus-Rift” — it tracks your own physical movements, and incorporates them into a 3D virtual world that you view through an immersive headset. Last month, TechCrunch’s own Kim-Mai Cutler stopped by Survios’ headquarters to get a hands on look at the company’s VR technology, which is currently focused on gaming applications, for TechCrunch TV. The Survios experience looks pretty amazing already, so it will be exciting to see how the company scales now that it has some serious funding at its disposal. You can watch that in the video embedded below.
The Emotion Journal wins the Disrupt London 2016 Hackathon Grand Prize| Romain Dillet
Disrupt Hackathon app Notim.press/ed algorithmically detects fake news| Josh Constine
Amplify lets you play synchronized songs across every phone in the room| Matthew Lynley
What interns and new grads really get paid at top tech companies| Lora Kolodny