VR company Torch 3D raises $3.5 mln in seed funding
Portland, Oregon-based Torch 3D, provider of an augmented and virtual reality prototyping platform, has raised $3.5 million in an initial seed round led by the Venture Reality Fund and Silicon Valley Data Capital. Additional investors include Seven Peaks Ventures, GVR Fund, Presence Capital, Antipodean Ventures, Jerome Capital and TWB Investment Partnership. Torch 3D was founded in January 2017 by Paul Reynolds and Josh Faust, who previously led Magic Leap’s SDK and Applications efforts, along with veteran cloud and infrastructure entrepreneur Antony Falco. The financing will be used to complete its beta offering for public release and expand its team.
17 October 2017•1 min read
