Amaze VR, the Los Angeles-based virtual reality entertainment distribution service, is taking its first steps into the world of location-based virtual reality experiences with an installation in Seoul’s Incheon International Airport. The company, which also scored an additional $2.5 million commitment to expand its total funding to around $9 million made the announcement last week. The company, which launched last May with backing from the Korean hardware manufacturer LG, has added Partners Investment and YG Investment, the financing arm of YG Entertainment, which manages a stable of Korean pop artists and owns a record label, talent agency, production company and events management and concert production company. Backed by LG, AmazeVR is hoping to resurrect virtual reality’s consumer dreams Founded by a cadre of seasoned Korean technology executives, AmazeVR soft opened an 11,000 square foot entertainment hub in Incheon’s airtrain station on the way to Terminal 1.
Comment on Los Angeles’ AmazeVR raises more cash, heads to Incheon for first location based VR installation
Jonathan Shieber, TechCrunch
Mon, 01/27/2020 - 10:32am
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