VR isn’t just for gamers—take a journey through the virtual experiences that will make the real world better – Joanna Stern, WSJ (Click to Tweet)

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Greenlight Report

May 5, 2016

A weekly newsletter by Greenlight VR, the business intelligence firm for the global virtual reality economy.
Analyst Commentary

New York Times Furthers Investment in VR

With several media companies struggling to reach revenue targets, The New York Times (NYT) plans to focus further on virtual reality under the company’s T Brand Studio. Among their planned VR initiatives are interactive series on the Olympics, climate change, and space exploration. Despite over 600,000 app downloads, it is too early to know what the numbers will look like, in terms of revenues or margins. Read about the NYT’s VR efforts.

Get more analyst commentary in our weekly trend reports (subscription required).

Top Industry News

From Greenlight VR:
The Industry's Database

A sample of notable investments from April: 

Company Amt Investors Source
Sphericam $5M Kingnet Technologies 150Sec
InContext Solutions $4.7M Undisclosed SEC
Adtile Technologies $2M Undisclosed TechCrunch
Lucid VR $2.1M Lab360 Hardware Incubator, S2 Capital, TEEC Angel Fund, Wistron Corporation VentureBeat
Marxent Labs $10M Detroit Venture Partners, Stage 1 Ventures VentureBeat

Get our full roundup of VR/AR funding and M&A deals since 2006. Subscribe to our industry database.

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