Hyperfair, a San Francisco, CA-based provider of a 3D platform for running online trade events, raised $1.2m in seed funding.
The round was led by New Enterprise Associates (NEA), with participation from Atlante Ventures – Intesa San Paolo’s venture capital fund, and Como Venture.
The company will use the funds to improve the platform annd provide a better social business experience for users.
Founded in 2010 by Italians Marco Campanari, CEO, and Max Bonfanti, CPO, and also led by Andrea Ballarini, COO, and Massimiliano Mantione, CTO, Hyperfair has developed online 3D environment technology to host virtual trade shows, virtual expos, virtual career and educational fairs.
Its platform enables exhibitors and attendees to facilitate business matching, meet, engage, and do business through their avatars, as they would at physical events.
The company had raised $1.1m in 2012 (read here).