Umbra Closes $3.4M Series A Financing

Umbra, a Helsinki, Finland-based provider of graphics software for the gaming industry, closed a $3.4M Series A round of financing.

Backers included Inventure, Lifeline Ventures and Initial Capital as well as prominent angel investors.

The company intends to use the funds to further develop technology for streaming and rendering any 3D content on any target device in real time.

Founded in 2006 and led by CEO Otso Mäkinen, Umbra provides a solution for displaying 3D content in various industries. Its technology aims to solve challenges such as 3D scanning that requires high-performance software to process vast and complex data sets. Future applications include architectural planning, construction engineering, digital maps and simulations.

The company currently employs a team of specialists working in Finland, United States, Korea, China and Japan.

Clients include internationally game studios that have produced commercially successful AAA productions such as Call of Duty: Advanced Warfare, Batman Arkham Knight, Quantum Break, The Witcher 3: Wild Hunt and Destiny.



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