Disney Leads $66 Million Investment In Virtual-reality Startup Jauntvr

The Walt Disney Company is among the lead investors in virtual-reality startup JauntVR’s $66 million Series C round of funding. It’s the latest evidence that Hollywood wants in on VR before the technology is widely available.

Silicon Valley-based Jaunt has developed an end-to-end cinematic virtual-reality content-creation platform that includes a custom camera capable of shooting high-end, professional-quality 360-degree footage, software for stitching the footage together, a distribution system, and a Los Angeles VR production studio. It announced the funding today.

Read more at Fast Company

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