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Sky invests in virtual reality company

July 28, 2014 10.14 Europe/London By Julian Clover

jauntBSkyB has made a $400,000 equity investment in Jaunt, a Californian technology company that specialises in cinematic virtual reality.

It follows a $350,000 investment made in an earlier round of funding in December 2013. Sky said the investments provide it with additional insight into developments within the field.

Jaunt’s website said it was “bringing the necessary creative palette (hardware, software, tools, and applications) to enable cinematic VR and put the power of virtual reality in the hands of today’s best content creators”.

The Palo Alto company has developed proprietary algorithms for complex computational photography allow content producers to create cinematic VR experiences using existing production software.

Other investors include Redpoint Ventures, investor Peter Gotcher and Sling Media founder Blake Krikorian.

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Filed Under: Editor's Choice, Finance, Newsline, Tech, Top Story Tagged With: BSkyB, Jaunt Edited: 29 July 2014 11:31

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About Julian Clover

Julian Clover is a Media and Technology journalist based in Cambridge, UK. He works in online and printed media. Julian is also a voice on local radio. You can talk to Julian on Twitter @julianclover, on Facebook or by email at jclover@broadbandtvnews.com.

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