Immersive Entertainment Secures $250,000 Angel Funding
IRVINE, Calif. – May 23, 2017 – Immersive Entertainment, Inc., the leader in Virtual Engagement, today announced the company has secured an additional $250,000 in Angel funding, led by Cove Fund I, LLC. Previous investors have included Tech Coast Angeles, Pasadena Angels, and Wharton Angels among others. The Company plans to use the funding to further its development of a next-generation engagement technology aimed at the Virtual (Virtual Reality and Augmented Reality/Mixed Reality) Market.
"We are grateful to the Angel community for their support of Immersive." said Immersive Entertainment CEO, Ciaran Foley. "Based upon our experience with The Grand Canyon VR Experience, the team is now hard at work, designing next-generation technologies and solutions that will enable developers to fully realize the type of engagement that we think VR and AR are capable of."
About Immersive Entertainment, Inc.
Irvine-based Immersive Entertainment, Inc. is a leading independent VR software company developing the world's leading Virtual Engagement Platform for computer-generated Virtual and Augmented Reality, driven by Artificial Intelligence. For more information, visit http://www.immersiveentertainment.com.