Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
January 17, 2019
arrowPress Releases

If you enjoy reading this site, you might also want to check out these UBM Tech sites:

VR social network vTime secures $7.6M investment

VR social network vTime secures $7.6M investment

April 12, 2018 | By Chris Kerr

UK-based virtual reality 'sociable network' vTime has raised $7.6 million in Series A funding to accelerate global growth and prepare for the launch of the network's augmented reality experience. 

The funding round was led by Deepbridge Capital, and also included investment from Liverpool-based institutional loan and equity provider, MSIF.

For those who aren't aware of vTime, the freemium app is a VR social network that lets users create personalized avatars and socialize with friends across a library of virtual environments. 

It's currently available for Android and iOS devices, and supports a variety of tethered and untethered headsets including the Samsung Gear VR, Oculus Rift, Windows Mixed Reality, Google Daydream, and Google Cardboard. 

VTime has amassed close to 1 million downloads across all platforms, and will soon be heading to the HTC Vive and PlayStation VR. 

"The advent of consumer AR at scale is allowing us to use decades of expertise to develop another unique way to connect and engage with friends and family in alternate realities," said vTime CEO, Martin Kenwright.

"Crucially, Deepbridge share our vision for the future -- both in delivering a matchless social extended reality experience and our expansive plans to monetize and build upon the vTime framework with future technologies."

Related Jobs

Skydance Interactive
Skydance Interactive — Marina Del Rey , California, United States

Gameplay Engineer
Skydance Interactive
Skydance Interactive — Marina Del Rey, California, United States

Sr. Gameplay Engineer
Valkyrie Entertainment
Valkyrie Entertainment — Seattle, Washington, United States

Senior Software Engineer
Wargaming Sydney
Wargaming Sydney — Broadway, New South Wales, Australia

Lead Artist

Loading Comments

loader image