Digital

BSkyB invests $400,000 in VR firm Jaunt

UK pay-tv giant BSkyB is investing further in virtual reality technology, putting an additional US$400,000 into Silicon Valley start-up Jaunt. (Pictured: the Oculus Rift VR headset)
July 28, 2014

UK pay-tv firm BSkyB has made a second cash injection into Jaunt, a Silicon Valley start-up founded in 2013, which specializes in VR technology.

The US$400,000 provided by Sky follows an initial investment of $350,000, which the company made last December. Palo Alto-based Jaunt creates hardware, software and content for virtual reality devices such as the Oculus Rift headset (pictured above).

The news comes after Atlantic Productions recent set up a company called Alchemy VR to make content for VR headsets. Sky and Atlantic are partnered in a joint venture called Colossus Productions, formed in 2011 to develop original 3D programming for UK and international audiences.

In its regulatory filing to the London Stock Exchange, Sky says the additional funding “will provide additional insight into developments within the field” of VR.

In April, Jaunt stated that it had received $6.8 million collectively from Redpoint Ventures, Dolby chairman Peter Gotcher, Sling Media co-founder Blake Krikorian, and SV Angel, in addition to the funding from Sky.

 

About The Author
Barry Walsh is editor and content director for realscreen, and has served as editor of the publication since 2009. With a career in entertainment media that spans two decades, prior to realscreen, he held the associate editor post for now defunct sister publication Boards, which focused on the advertising and commercial production industries. Before Boards, he served as editor of Canadian Music Network, a weekly music industry trade, and as music editor for HMV.com. As content director, he also oversees the development of content for the brand's market-leading events, the Realscreen Summit and Realscreen West, as well as new content initiatives.

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