About NextVR
NextVR is a company based in Laguna Beach (United States) founded in 2009 was acquired by Apple in April 2020. NextVR has raised $115.5 million across 4 funding rounds from investors including Apple, NetEase Games and dick clark productions. NextVR operates in a competitive market with competitors including Rad, LiveLike, Boom.tv, Condense Live and Ceek, among others.
- Headquarter Laguna Beach, United States
- SectorsMedia & EntertainmentTechnology
- Website nextvr.com
- Social X Facebook
- Acquired by Apple (Apr 2020)
Funding Insights of NextVR
NextVR has successfully raised a total of $115.5M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $80 million completed in July 2016. 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 $115.5M
- Total Rounds 4
- Last Round Series B — $80M
- First Round $5M
(Sep 2014)
- Investors Count 11
All 4 funding rounds of NextVR 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 2016 | $80M | Series B | – | NetEase Games, CAHL | – |
| Nov 2015 | $30.5M | Series A | – | Formation 8, Comcast Ventures | |
| May 2015 | – | Series A | – | – | – |
| Sep 2014 | $5M | Series A | – | – | – |
12 investors in total: 12 institutional.
Investors in NextVR
NextVR has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Apple, NetEase Games and dick clark productions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investments in small and medium-sized companies are targeted. | 1992 | chinaassets.com | Hong Kong, China | |
Investments are directed toward early-stage B2B software and tech companies. | – | s28capital.com | San Francisco, United States | |
VC Firm investing in the US | – | formation8.com | San Francisco, United States | |
Comcast Ventures is focused on investing in technology startups. | – | comcastventures.com | San Francisco, United States | |
Tech & offline focused Startup Studio building startups and investing in the US | – | rseventures.com | New York, United States | |
Early to mid-stage ventures are funded by the firm. | – | timewarner.com/company/time-warner-investments | New York, United States | |
Mid-core video games are developed and published by NetEase Games. | 1997 | neteasegames.com | Guangzhou, China | |
Lithium ion and manganese batteries are developed for electric vehicles. | 1997 | citicguoaninfo.com | Beijing, China | |
PE and VC fund focused on fintech, Adtech, gaming, eCommerce, and multiple sectors | – | softbank.com | Newton, United States | |
Televised live event entertainment programming is produced and archived. | 1957 | dickclark.com | Los Angeles, United States |
Investor details for NextVR
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of NextVR
4 dated milestones of NextVR across 11 years, from founding to its latest funding, stage changes and deals.
- Founded NextVR is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series B, of $80.0M.
- Exit Acquired by Apple.
Competitors of NextVR
NextVR 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 Rad., LiveLike, Boom.tv, Condense Live and Ceek, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rad.live | 2013 | New York, United States | $14.57M | – | Provider of a live TV channels streaming platform | |
| livelike.com | 2015 | New York, United States | $27.13M | 15 | Provider of a VR-based audience engagement platform | |
| boom.tv | 2015 | Redwood, United States | $16.97M | – | Developer of a Live streaming platform for casual eSports games | |
| condense.live | 2019 | Bristol, United Kingdom | $6.45M | 13 | A metaverse platform is offered for live streaming events. | |
| ceek.com | 2016 | Miami Beach, United States | $7.25M | – | A virtual reality-based social content platform is provided by Ceek. | |
| replay-technologies.com | 2011 | Tel Aviv, Israel | $22.5M | – | FreeD 3D video rendering for live sports events is provided. | |
| ybvr.com | 2016 | San Jose, United States | $1.5M | – | VR-based live streaming and delivery platform is provided for events. |
Detailed competitors of NextVR
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of NextVR
Websites that share an audience with NextVR (nextvr.com).
Websites whose visitors overlap most with NextVR. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
sports.yahoo.com | sports.yahoo.com | 100% | – | #604 | – |
Latest news on Nextvr
Complete news archive for NextVR
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to NextVR
10 companies that operate in the same segment as NextVR (Sports Technology Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
Subscription-based platform for streaming soccer content is offered. | 2015 | New York, New York, United States | USD 154.63 M | USD 1.62 B | 590 | |
Developer of a fantasy platform for multiple sports | 2009 | New York, New York, United States | USD 416.2 M | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 144.6 M | – | – | |
Online fantasy sports platforms are provided for multiple sports. | 2012 | Boston, Massachusetts, United States | USD 718.6 M | USD 6.05 B | 5,100 | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 1.34 B | USD 509.95 K | – | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 99.06 M | – | – | |
Real money skill-based gaming is facilitated through an online platform. | 2018 | Bengaluru, Karnataka, India | USD 401.22 M | USD 100.11 M | 212 | |
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
News media platform for soccer | 2008 | Berlin, Berlin, Germany | USD 320.1 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about NextVR
NextVR was founded in 2009 and raised its 1st funding round 5 years after it was founded.
NextVR is headquartered in Laguna Beach, United States. It is registered at Laguna Beach, California, United States.
NextVR is a funded company, having raised a total of $115.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Sep 2014.
NextVR was founded in 2009 and is based in Laguna Beach, United States. Virtual reality streaming services are provided on-demand, focusing on sports events and concerts. Users are enabled to experience live performances and competitions through immersive VR technology. Operations center on content delivery in the entertainment and digital media sector, with a platform designed for accessible virtual event participation across compatible devices.
NextVR's top competitors include LiveLike, Replay Technologies and Condense Live.
NextVR has 12 investors. Key investors include Apple, NetEase Games, dick clark productions, Citic Guoan Information Industry, and Future Technology Systems.
Yes. NextVR was acquired by Apple in April 2020.