About AltspaceVR
AltspaceVR is a Technology company based in Redwood City (United States) founded in 2013, and was acquired by Microsoft in October 2017. VR social platform provided for user connections, gaming, and streaming. It operates in the Technology and Media & Entertainment sectors. AltspaceVR has raised $15.5 million across 2 funding rounds from investors including Microsoft, Tencent and Western Technology Investment. The company has 12 employees. The company was acqui-hired. Its focus areas include High Tech, Virtual Reality, Applications and Social. Its competitors include IMVU, Meta and VRChat; 3 of its 3 listed competitors have raised funding.
Company details
AltspaceVR was founded in 2013 in Redwood City, United States, within the virtual reality sector. A social platform in VR is offered, along with an API that enables developers to build immersive experiences through web-based code. Users are allowed to participate in gaming, social interactions, and content streaming. Compatibility is ensured with devices such as Vive, Oculus, Windows, and Mac systems.
Funding Insights of AltspaceVR
AltspaceVR has successfully raised a total of $15.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10.3 million completed in July 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $15.5M
- Total Rounds 2
- Last Round Series A — $10.3M
- First Round $5.2M
(Sep 2014)
- Investors Count 14
All 2 funding rounds of AltspaceVR with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2015 | $10.3M | Series A | – | Comcast Ventures | |
| Sep 2014 | $5.2M | Seed | – | – |
15 investors in total: 15 institutional.
Investors in AltspaceVR
AltspaceVR has secured backing from 15 investors, including institutional and venture fund investors. Prominent investors backing the company include Microsoft, Tencent and Western Technology Investment.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on early-stage biotech, life sciences, IT, and multiple sectors | dolbyventures.com | San Francisco, United States | ||
Seed and early-stage technology companies are funded by Lux Capital. | luxcapital.com | Menlo Park, United States | ||
Venture debt is provided globally across multiple sectors. | 1980 | westerntech.com | Portola Valley, United States | |
Seed-stage investments in technology companies are made by Maven Ventures. | mavenventures.com | Palo Alto, United States | ||
Early-stage tech companies are invested in by Promus Ventures. | promusventures.com | Chicago, United States | ||
Early-stage US companies are invested in by Rothenberg Ventures. | rothenbergventures.com | San Francisco, United States | ||
Comcast Ventures is focused on investing in technology startups. | comcastventures.com | San Francisco, United States | ||
Multiple sectors are targeted through private equity by Raine. | raine.com | New York, United States | ||
Investments in tech startups are managed by Streamlined Ventures. | streamlined.vc | Palo Alto, United States | ||
VC Firm investing in the US | formation8.com | San Francisco, United States |
Investor details for AltspaceVR
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of AltspaceVR
557 people are tracked at AltspaceVR (306 in leadership, 11 in board & advisors, 240 in team); the tracked headcount is 12.
| Name | Role | Group |
|---|---|---|
Gary Sun | Director | Leadership |
Bill Duff | CVP & CFO, Consumer & Devices | Leadership |
Alex Pepperl | Director, Head Of Retail Media Adtech Partnerships | Leadership |
Bernando Caldas | VP, Program Management | Leadership |
Christopher Bishop | Technical Fellow & Director of Microsoft Research AI4Science | Leadership |
Ugur Yilmaz | Director - Microsoft IT | Middle East & Africa Region | Leadership |
Kevin Scott | CTO & EVP, Technology & Research | Leadership |
Pascal Walschots | Senior Director Business Applications Solutions Play | Leadership |
Erik Sevenants | Director, Partner Development, Healthcare & Life Sciences, Global Isv's | Leadership |
Lee Grigsby | Director Support Engineering - Security Global Lead | Leadership |
Christine Schanne | Software & Digital Platforms - Partner Strategist | Leadership |
Ed D'Esposito | Global Client Technology Director | Leadership |
Janett Garcia-Riseland | Senior Director | Leadership |
Amanda Langowski | Head of Microsoft Insider Program | Leadership |
Kirk Koenigsbauer | CVP & COO, Experiences & Devices Group | Leadership |
Barry Chami | Director Asia Business Sales Operations | Leadership |
Taylor Black | Director Of AI & Venture Ecosystems, Strategic Programs & Communities Team | Leadership |
Dilraj Kundi | Sr. Director, Global Strategic Pursuits | Leadership |
Nick Parker | President, Industry & Partnerships | Leadership |
Brad Smith | President & Vice Chair | Leadership |
537 more people are available in the full profile.
Complete people profiles for AltspaceVR
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of AltspaceVR
4 dated milestones of AltspaceVR across 4 years, from founding to its latest funding, stage changes and deals.
- Founded AltspaceVR is founded.
- Funding First funding round of $5.2M.
- Funding Latest funding round, Series A, of $10.3M.
- Exit Acquired by Microsoft.
Competitors of AltspaceVR
AltspaceVR has 3 listed competitors in our database, 3 of them funded. They include IMVU, Meta and VRChat.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| imvu.com | 2004 | Mountain View, United States | $65M | 229 | Provider of an online 3D avatar-based social network | |
| meta.com | 2004 | Menlo Park, United States | $3.4M | 67,317 | Metaverse platforms and VR devices are developed for immersive interactions. | |
| vrchat.com | 2014 | San Francisco, United States | $110M | 34 | Provider of a VR-based social platform |
Detailed competitors of AltspaceVR
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of AltspaceVR
Websites that share an audience with AltspaceVR (altvr.com).
Websites whose visitors overlap most with AltspaceVR. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| roadtovr.com | 100% | 567.1K | #106,304 | View details |
Top companies in Industrial & Immersive Technologies
3 companies that operate in the same segment as AltspaceVR (Industrial & Immersive Technologies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Metaverse platforms and VR devices are developed for immersive interactions. | 2004 | Menlo Park, California, United States | USD 200.97 B | |||
A gaming platform for user-generated content is operated. | 2005 | San Mateo, California, United States | USD 918.2 M | USD 4.89 B | 8,878 | |
Mobile app and SDK for 3D avatar creation are provided. | 2011 | Los Angeles, California, United States | USD 276.46 M | 229 |
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Related news about Altspacevr
Complete news archive for AltspaceVR
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Frequently Asked Questions about AltspaceVR
AltspaceVR was founded in 2013 and raised its 1st funding round 1 year after it was founded.
AltspaceVR is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
AltspaceVR is a funded company, having raised a total of $15.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5.2M, raised on Sep 2014.
AltspaceVR has 12 employees.
AltspaceVR was founded in 2013 in Redwood City, United States, within the virtual reality sector. A social platform in VR is offered, along with an API that enables developers to build immersive experiences through web-based code. Users are allowed to participate in gaming, social interactions, and content streaming. Compatibility is ensured with devices such as Vive, Oculus, Windows, and Mac systems.
AltspaceVR has 15 investors. Key investors include Microsoft, Tencent, Western Technology Investment, Foundation Capital, and Dolby Family Ventures.
Yes. AltspaceVR was acquired by Microsoft in October 2017.