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NextVR has raised $30.5 million to live-stream content in virtual reality

By Rocco Penn1 min readGoogle News

Live streaming and virtual reality are seen as the future of entertainment, and NextVR wants to cash in on both of the trends at the same time. The startup just finished a $30.5 million round of funding led by Comcast and Time Warner, which will help it broadcast more live-streamed content in virtual reality. NextVR has already live-streamed one of the Democratic presidential debated and the NBA’s season-opening game, but with this funding, it can expand its content offerings and attract more users.

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