Los Angeles California based AmazeVR is raising $45,260,242.00 in New Equity Investment.
Los Angeles, CA – According to filings with the U.S. Securities and Exchange Commission, AmazeVR is raising $45,260,242.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Steve Lee played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About AmazeVR
AmazeVR brings artists closer to fans anywhere at any time through proprietary immersive technologies. Through our full-service solution, fans come face-to-face with their favorite artists in a virtual experience through integrating the artists performance in 8K+ stereoscopic live-action videos into surreal environments that transcend reality. Our vertically integrated distribution model maximizes for quality and reach offline, through global movie theaters with haptic motion chairs and VR LBEs; and online, through the Amaze app across most major VR headsets and other opportunities. Founded by the co-founder and early executives of Kakao, a $60B market cap mobile platform company, AmazeVR has offices in Los Angeles (HQ) and Seoul. We secured $9.5MM for our Series A fundraising in 2019 from seasoned investors in the tech and media space. And in 2020, after we built our Unreal Engine-based technical foundation collaborating with Roc Nation, we secured an additional $9.5MM. Were thrilled to be building the future of music with an incredibly talented and passionate team, and we cant wait to launch our upcoming shows across the US and abroad.
To learn more about AmazeVR, visit http://www.amaze.us/
Contact:
Steve Lee, Chief Executive Officer
213-651-5163
https://www.linkedin.com/in/steve-lee-b9329322/
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