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- The Immersive Wire - 4 July 2021 (Sunday edition)
The Immersive Wire - 4 July 2021 (Sunday edition)
The Immersive Wire - 4 July 2021 (Sunday edition)
SUNDAY READ EDITIONCurated VR/AR analysis every Wednesday and Sunday
// 4 July 2021
Going camping this weekend, and the weather looks miserable. Fantastic timing.
Let's talk about the flow of VC money and acquisitions. Many immersive companies are suddenly getting a lot of money to finance their growth, with a renewed interest in expanding their operations or speeding up their growth. Just a few examples:
JigSpace raised $4.7m in Series A funding;
Tripp raised $11m in Series A funding;
Virti raised $10m in Series A funding;
VRChat raised $80m in Series D funding;
Magnopus acquired REWIND.
All of this was within the last week and a half, and not including every company in the area (I try my best!)Why is everyone raising cash now? The Gartner fans would say we have climbed our way out of the trough of disillusionment and scaling up the
. We may even reach the plateau of productivity, though we'll have a few casualties along the way. But the point is that there is a renewed trust in immersive technologies, and their impact across social worlds, meditation, and 3D model creation. The way I am wording this implies that the growth will be equally distributed across AR and VR, as the immersive space grows together. Not so. The most likely area of healthy growth will remain in enterprise-side applications until the consumer-end hardware and software gets good enough. But for now, we are seeing the bricks of the future laid down.The best we can take away from it is that investors have a renewed hope on the underlying principles of immersive. The investments will either pay off, or crash a la the 2017-style bubble. Personally, I hope that we celebrate with bubbles of champagne over financial pops.
Mobile World Congress 2021 is now over. Connectivity and 5G are some of the familiar key themes. We’re all used to 2D videoconferencing but… ever thought of giving a ‘holographic high five’? It is possible now.Glasses and headsets-free 3D immersive videoconferencing with Holoxica’s holographic 3D Telepresence system. Look your family, friends, colleagues, team 'right in the eye’, feel truly connected in an authentic, natural and intuitive way. More here:
Jobs board
NEW
- EU ACCOUNT EXECUTIVE. Avatour is the remote collaboration platform for site meetings. Our cloud service enables full-motion 360° real-time communication, experienced via a web browser or optional VR headset. We are looking for an Account Executive to expand the Avatour business in the European Union. You’ll be initially our only salesperson in the EU, and directly responsible for the expansion and preservation of our customer base in the region. The ideal candidate will have a track record of success selling an Enterprise SaaS product, and experience in customer success as well.
GAME SUPERVISOR, UK. ATMOS VR is looking for a Games Supervisor. This is an interactive role that places you at the centre of the game. You will pull all the right levers and press all the correct buttons to skilfully co-ordinate the game zone, ensuring the smooth running of the experience from the comfort of the Operations Room.
ACCOUNT EXECUTIVE, UK. Rock Paper Reality is hiring an ACCOUNT EXECUTIVE who has experience in immersive technology. Ideal candidate can manage the entire sales cycle from finding a client to securing a deal to maintaining the relationship post-sale. Experience in enterprise sales, C-level presentations, and marketing desired.
BUSINESS DEVELOPMENT MANAGERS, UK. VRTUOSO, a rapidly growing and multi-award winning company, is looking for three full-time B2B Sales Managers who are excited about technology advancements, and able to sell to CxO/Director level within enterprise accounts.
HEAD OF MARKETING, UK. VRTUOSO, a rapidly growing and multi-award winning company, is looking for a Head of Marketing capable of taking VRtuoso to the next level. We’re looking to make the leap to working with enterprise level companies at scale and we hope you’re the one to help us accomplish this.
CHANNEL SALES MANAGER, UK. VRTUOSO, a rapidly growing and multi-award winning company, is looking for a Channel Sales Manager to lead the channel and reseller programmes. The role is primarily responsible for onboarding new partners, serving as the primary liaison for new partners, growing the sales of existing partners, and assisting with sales/marketing initiatives for our reseller channel as a whole.
DIRECTOR OF ENGINEERING, UK. VRTUOSO, a rapidly growing and multi-award winning company, is looking for a Director of Engineering to lead our engineering department and help us build, deliver, and maintain the leading VRtuoso Virtual Reality products for the enterprise market.
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That's all for this week! Want to have a chat, let me know about a news story, or talk business? Either reply to this email, or contact tom (at) virtualperceptions (dot) com. Have an excellent day!