US-based 3D media technology producer Matterport received an undisclosed amount of funding on Wednesday from new investors including real estate firm CBRE Group and media company News Corp.
The corporates were joined by digital media-focused venture capital fund Luminari Capital and VC firm Sound Ventures.
Matterport has built an end-to-end 3D immersive media platform that can reproduce existing and design-stage spaces. It is most widely used by the real estate, construction, travel and hospitality industries, and Matterport’s customer base spans 60 countries.
Bill Brown, Matterport’s chief executive, said: “We are excited to welcome strategic investors who believe in the power of 3D immersive media, VR and Matterport’s ability to transform industries.
“They bring a wealth of experience in residential and commercial real estate, travel and hospitality, vacation rentals and media publishing, and they share our vision of giving people the freedom to experience any place at any time.”
Matterport had previously raised $56m from Qualcomm Ventures, the corporate venturing arm of wireless technology provider Qualcomm, Lux Capital, DCM Ventures, Felicis Ventures, Navitas Capital, AME Cloud Ventures, GIC, iGlobe, Greylock Partners and Y Combinator.