XR cloud delivery service Echo3D has finished a funding round valued at roughly $4 million.
Konvoy Ventures led the funding round which all featured participation from Space Capital, Remagine Ventures, Datadog, GitHub, and US tech giant Facebook.
echo3D builds tools and infrastructure to help developers create 3D games and apps. Its cross-platform cloud solution manages, stores, and streams 3D content to mobiles, browsers, smart cameras, and game engineers connecting them and extracting relevant analytics. Its technology can also convert and compress 3D models, animations, and interactive content to stream them.
“At a time when advancements in 3D have helped AR, VR, and gaming to become billion-dollar industries, and concepts like ‘the Metaverse’ to become a reality, we are among the first to provide the backend infrastructure needed to bring these things to fruition,” said Alon Grinshpoon, Co-Founder of echo3D. “This is a pivotal time for the augmented and virtual reality ecosystem, and we are excited to have the support of Konvoy Ventures as we continue to grow our platform and service the tech community. We will use the funds raised to bolster our product offering, expand developer relations efforts, and grow our team of developers and marketers.”