Paracosm Raises $3.3M in Seed Funding

Paracosm_LogoParacosm, a Cambridge, MA & Gainesville, FL-based provider of software that aims to bring imaginary worlds to life with 3D technologies, raised $3.3m in seed funding.

The round was led by Atlas Venture, with participation from iRobot, Osage University Partners, BOLDstart Ventures, New World Angels, Deep Fork Capital and a number of angel investors.

The company intends to use the funds to develop its 3D scanning, reconstruction, and machine learning technologies and build relationships with companies that would benefit from their core technologies.

Led by Amir Rubin, founder and CEO, Paracosm has developed three-dimensional reconstruction technologies that create digital models of physical spaces with applications in robotics, video game development, special effects, indoor navigation applications, and for the improvement of both virtual and augmented reality experiences.

FinSMEs

04/11/2014

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