Venture-backed Unity to acquire Digital Monarch Media
Unity Technologies, a San Francisco-based real-time 3D development platform, has agreed to acquire Digital Monarch Media (DMM), a Vancouver-based virtual cinematography company. No financial terms were released for the deal, which includes the proprietary technology DMM built on Unity to develop virtual cinematography for feature filmmaking. DMM CEO Wes Potter and CCO Habib Zargarpour, who founded the company in 2014, will join Unity’s film group. Launched in 2003, Unity is backed by Draper Fisher Jurveston, Sequoia Capital, Silver Lake Partners and other investors.
25 October 2018•4 mins read
