VR social community VTime increases $7.6 million round, preps for AR version

VR social community VTime increases $7.6 million round, preps for AR version

VTime, one of the first ever VR social networks, appears to still be going sturdy; the team at the back of the app just raised $7.6 million in a series A round of investment.

The investment was led through Deepbridge Capital and additionally protected U.okay.-based loan and equity company, MSIF. according to a press releasethose finances can be used to “boost up internationalboom and product development” as well as help with R&D on a brand new AR version of the app coming later this yr. No details on what to expect from that version simply butthough it’s not hard to imagine the app’s social meetups taking region on a phone.

if you’re now not acquainted with vTime, it’s pretty easy. You create a digital avatar and meet up with friendsonline to talk in quite a number wonderful locales from cliff tops to caves. buddies can share pictures and even visit every different’s 360 diploma photosnot like different apps together with AltspaceVR and Rec Room, although, vTime doesn’t permit you to floweach person remains in a seated role the entire time. That said, the app is available on a number headsets spanning each mobile and laptop classes.

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