VideoStitch, a Paris, France-based virtual reality platform, raised $2.25m in seed funding round.
The round was led by Alven Capital with participation from Kima Ventures, Daniel Marhely, Errol Ginsberg and Laurent Asscher.
The company intends to use the capital to open a new office in San Francisco and for product development. It is hiring.
Led by Nicolas Burtey, CEO, VideoStitch develops video stitching software to create Live Virtual Reality Video content. E.g., it allows users to experience a live concert from home, a live news event, a class without the need to physically go there, in full 360° VR first-person perspective.
It offers Vahana VR, a Live Virtual Reality Video production solution, VideoStitch Studio, a GPU video stitching software used by video production companies and institutions around the world and VideoStitch SDK, a solution to create real-time custom industrial applications with any set of cameras.