VR/AR business social company Imaginate completes $500,000 in financing!

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VR/AR business social company Imaginate completes $500,000 in financing! From Baidu VR

[Baidu VR original manuscript, reproduced please indicate the source]

(Beijing time February 16, 2017) Imaginate, a Virtual Reality (VR)/Augmented Reality (AR) business networking company, announced today that the company has completed a $500,000 financing round by SRI Capital (Philadelphia, USA) Fund) investment, and the company's senior management Sashi Reddi has joined the Imaginate board of directors. In addition, Imaginate’s early seed investor Hyderabad has withdrawn from this round of financing.

Imaginate Corporation

Imaginate has branches in India and the United States. Sashi Reddi mentioned: "Imaginate's collaboration platform, NuSpace, can make full use of physical rooms and digital conference platforms to change the way people collaborate and learn. There are currently some collaboration platforms in the field of virtual reality, such as Like AltSpaceVR and vTime, it focuses on B2B areas for professional training and education. Each NuSpace user can communicate via realistic virtual characters and scenes."

As early as the NASSCOM annual product exhibition held in October 2016, NuSpace won the most innovative and high potential product award. Hemanth Satyanarayana, Managing Director of Imaginate, stated: “We are working with some large companies such as Dassault Systemes, Honeywell, etc., through Dassault pilot, intend to provide NuSpace with better CATIA and Delmia model format support and enable our customers to be on the platform. Access engineering data."

Imaginate VR/AR Social Apps

In addition, Baidu VR (Micro-Signal: BDVRbbs) understands that they can use NuSpace to wear mixed reality headshots, such as when we bring Microsoft's HoloLens, like "immersive" simulation "real friends" in the scene to socialize The model, of course, can be implemented by users of Oculus Rift, HTC Vive, Samsung Gear VR, and Google Cardboard, because Imaginate's collaboration platform, NuSpace, can be widely used in industrial training, engineering design, remote maintenance, and maintenance.

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