myVR Software

Oslo, Norway Founded: 2003 • Age: 23 yrs Acquired By Hexagon Geosystems
ARVR visualization platform for 3D models and terrain is provided.

About myVR Software

myVR Software is a company based in Oslo (Norway) founded in 2003 was acquired by Hexagon Geosystems in May 2012.. myVR Software operates in a competitive market with competitors including Polarity, Cognitive3D, Immersive Wisdom, 3Data and VadR, among others.

  • Headquarter Oslo, Norway
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Extended, Virtual & Augmented Reality
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
    $1.66 M (USD)
    -3
    as on Dec 31, 2021
  • Net Profit
    $172.67 K (USD)
    44
    as on Dec 31, 2021
  • EBITDA
    $175.57 K (USD)
    42
    as on Dec 31, 2021
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Hexagon Geosystems

    (May 22, 2012)

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Funding Insights of myVR Software

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in myVR Software

myVR Software has secured backing from 1 investor. Prominent investors backing the company include Hexagon Geosystems. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by myVR Software

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - myVR Software

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Myvr Software Comparisons

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Competitors of myVR Software

myVR Software operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Polarity, Cognitive3D, Immersive Wisdom, 3Data and VadR, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
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Enterprise knowledge augmentation and collaboration platform
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VR analytics platform is developed for immersive experiences.
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Enterprise software platform for data visualization is provided.
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Provider of web based immersive data visualization tool providing AR and VR solutions
domain founded_year HQ Location
Analytics platform for virtual reality content is provided.
domain founded_year HQ Location
VR/AR platform for visualizing and optimizing wireless signals is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Myvr Software

Frequently Asked Questions about myVR Software

When was myVR Software founded?

myVR Software was founded in 2003.

Where is myVR Software located?

myVR Software is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

What is the annual revenue of myVR Software?

Annual revenue of myVR Software is $1.66M as on Dec 31, 2021.

What does myVR Software do?

myVR Software was founded in 2003 in Oslo, Norway, and operates within the augmented and virtual reality sector. A visualization platform called HxGN Visualization is offered, through which large-scale interactive 3D models and terrain maps can be streamed and viewed in real time across networks. Patented streaming technology incorporating intelligent compression algorithms is employed to handle various data types and formats, along with geo-referencing capabilities.

Who are the top competitors of myVR Software?

myVR Software's top competitors include Polarity, Immersive Wisdom and Cognitive3D.

Who are myVR Software's investors?

myVR Software has 1 investor. Key investors include Hexagon Geosystems.

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