Pixvana Gets $6M Investment for Cloud Based Virtual Reality

Image Attribution: Flickr

One of the more exciting trends in cloud is virtual reality and augmented reality devices.
Currently, organizations all around the world are working to help build a virtual reality experience for the consumer that allows them to become immersed when watching a movie or a short film.
Pixvana wants to do just that and by 2016, Pixvana believes that it can have a product ready to roll out to the masses. Pixvana has just received an additional $6M in funding from the Madrona Venture Group and Vulcan Capital, the venture capital fund started by Paul Allen of Microsoft.
Forest Key is the CEO of Pixvana and his background at Lucasfilm will certainly help the company deliver a truly immersive virtual reality experience to the consumer.
“It is clear that just as in the early days of web video, which was hard for consumers to configure on their devices and often stuttery and unsatisfying to watch, VR video is facing similar challenges,” said Key, Pixvana’s CEO.
“I couldn’t be more excited to work with this incredible team as we make VR video a reality for content producers and crucially, make viewing video on VR headsets a profoundly magical experience for consumers,” added Key.
Pixvana boasts an executive team that has worked on some of the most sophisticated visual effects products in the world to date.
For example, Bill Hensler will be the Chief Product Officer for Pixvana. Hensler has a background that includes working at both Apple and Adobe.
CTO and Creative Director Scott Squires has been noted for his work on the movie Star Wars: Episode I – The Phantom Menace.
Sean Safreed cofounded the video software company Red Giant. His technical expertise will help him in his new role as VP of Product Management at Pixvana.