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Oakland based VR studio Steel Wool raises $5 million from HTC.

Cats and VR

Steel Wool Studios – an independent VR development studio formed by creative veterans of Pixar Animation Studios, Lucasfilm, and Telltale Games – today announced that it has raised $5 million in Series A funding from HTC Corporation. In April, the studio launched Quar: Battle for Gate 18, an action strategy title, on Steam for the HTC Vive.

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SLIVER.tv Launches VR Live Cast and Live Replay Platform to Stream Top eSports Tournaments in 360 Virtual Reality

Cats and VR

VR Live Cast utilizes patented “Virtual Camera Array” technology that transports the viewer into top eSports games, real-time rendering the 3D game world in a fully immersive 360 VR video experience. We're looking forward to watching this technology grow and evolve as we broadcast more and more events in VR.".

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The Future of Play: How Intel And The ESL Are Helping Bring Virtual Reality To ESports

UploadVR Between Realities podcast

The VR stream featured a 200% growth in peak concurrent viewers compared to IEM’s first virtual reality live stream in Oakland, with 340,000 total unique viewers tuning into the VR broadcast. More than 130,000 unique viewers tuned into the IEM Oakland VR streams. That technology debuted at CES 2017.

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The VRScout Report – The Week in VR Review

VRScout

This release (available 9/8 for HTC Vive) is really just a taste of the larger project to come: Favreau’s ultimate goal is a sprawling open world that you explore and build relationships with the gnome and goblin inhabitants… we can only hope that funny elves will somehow be involved. THE FAMOUS ICELANDIC ECCENTRIC EMBRACES VR.

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10 Recent VR and AR Investments You Should Know About

VRScout

The Series A was led by Qualcomm Ventures, and also involved The VR Fund (contributors to The Wave’s round as well), Colopl Next, Capital Factory, HTC, and more. The Laguna Beach, CA-based company was founded in 2009, and has over 36 patents (some pending) pertaining to live streaming virtual reality technology. funding score.