Arcturus Raises $11M in Series A Funding

Arcturus

Arcturus, a Los Angeles, CA-based company providing volumetric video editing and streaming tools, raised $11M in Series A funding.

The round was led by Cloudtree Ventures, with participation from Autodesk and Epic Games.

The company intends to use the funds to develop its flagship HoloSuite platform to further empower content creators with the ability to edit live-action 3D performances, and stream those files to any screen – including mobile devices and XR platforms.

Led by CEO Kamal Mistry, Arcturus provides “HoloSuite,” a SaaS post-production platform, featuring the tools for editing, compressing and streaming volumetric video. HoloSuite is available and compatible with most major 3D creation tools. It is currently consulting with a wide range of customers working to bring volumetric humans to the metaverse, virtual production and more, while also helping broadcast partners introduce new options to help expand live-events.

Arcturus will continue to develop its flagship HoloSuite platform to further empower content creators with the ability to edit live-action 3D performances, and stream those files to any screen – including mobile devices and XR platforms. The company will also expand research into new AI tools to help improve the capture of 3D data with fewer cameras, and introduce new dynamic lighting and surfacing options that will improve the quality of volumetric video. In addition, Arcturus remains committed to developing new ways to enhance live streaming concerts on digital platforms, and offer viewers the ability to watch their favorite sports from any angle.

FinSMEs

17/11/2022