Strata, a St. George, UT-based developer of 3D design software, raised an initial funding of undisclosed amount.
The funding was managed by Greg Kofford, co-founder at London and Australia based Lanstead Investors PTY Limited.
The company intends to use the funds to move into virtual reality (VR) and augmented reality (AR) for enterprise customers, along with changes and additions to the business.
Led by new President/Managing Director John Wright, Strata provides custom development solutions that turn 3D projects into full VR/AR experiences and also helps clients create new experiences. The user-base includes large brand owners and design agencies in such industries as Packaging, Product, Store layout, Signage Point-of-Purchase, Exhibit, Interior Design and Architecture.