Jaunt Raises $27.8M


Jaunt, a company building full-stack hardware and software solutions for cinematic VR, has raised a $27.8 million round of funding. The Series B round is led by Highland Capital Partners with participation by Google Ventures. Existing investors Redpoint Ventures, British Sky Broadcasting (Sky), Peter Gotcher, and Blake Krikorian also participated in the round . The latest investment brings the company’s total funding to over $34 million to date.

As a part of the funding round, Alex Taussig, Partner at Highland Capital, will join Jaunt’s board of directors that includes Tim Haley, Partner at Redpoint Ventures, Peter Gotcher, chairman of Dolby and DigiDesign founder, and board observer Stuart Murphy, director of Entertainment Channels at Sky.

[Image courtesy: Jaunt]

Also see:

Jumbo, Hanshow ink partnership to digitize 700 stores

Jumbo, the second largest supermarket chain in the Netherlands, has announced an exclusive partnership with global retail solutions provider Hanshow.

Cognizant awarded five-year IT operations and maintenance contract by VodafoneZiggo

As managed services partner of VodafoneZiggo, Cognizant will consolidate and support the company's operations of IT and virtualized mobile network infrastructure.