Get the latest tech news

Infinite Reality raises $3B to increase its immersive tech portfolio


Infinite Reality has raised $3 billion from a private investor, which it plans to put towards expanding its network and product offerings.

Infinite Reality revealed today that it has raised $3 billion in funding from a private investor, which it plans to put towards the expansion of its immersive technology and its multiple existing initiatives. The company reports that they plan to use the investment to continue on its current path, which has seen it make significant collaborations and acquisitions, such as its deal with Google Cloud and its purchase of Landvault (which is now iR Enterprise). John Acunto, Infinite Reality CEO, said in a statement, “This fundraise allows us to continue investing in our customers as they strive to be active participants in today’s technological advancements … .

Get the Android app

Or read this on Venture Beat

Read more on:

Photo of Infinite Reality

Infinite Reality

Related news:

News photo

Infinite Reality raises $350M and acquires Landvault for $450M

News photo

Infinite Reality acquires 3D avatar creator Action Face

News photo

Infinite Reality buys Drone Racing League for $250M