NextVR

Laguna Beach, United States Founded: 2009 • Age: 17 yrs Acquired By Apple
On-demand VR streaming for sports and concerts is developed.
Annual revenue - Latest available
Total funding $115.5M 4 rounds
Employees - Tracked headcount
Investors 12 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

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
  • Sectors
    Media & Entertainment
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Media & Entertainment → Sports, Events & Attractions Unlock Sub-Sector Unlock Segment
Technology → Extended, Virtual & Augmented Reality Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $115.5 M (USD)

    in 4 rounds

  • Latest Funding Round
    $80 M (USD), Series B

    Jul 07, 2016

  • Investors
    Apple

    & 11 more

  • Employee Count
    Not available
  • Acquired by
    Apple

    (Apr 04, 2020)

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage investments in small and medium-sized companies are targeted.
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Investments are directed toward early-stage B2B software and tech companies.
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VC Firm investing in the US
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Investor details for NextVR

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  • Investor locations
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  • Participation history

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Investments & Acquisitions by NextVR

Investments
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Investment portfolio details for NextVR

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  • Transaction dates
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Financial Statements - NextVR

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Detailed financials for NextVR

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Nextvr Comparisons

NextVR Primary company
Description
On-demand VR streaming for sports and concerts is developed.
Location
Laguna Beach, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for NextVR

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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 year HQ Location Description
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Provider of a live TV channels streaming platform
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Provider of a VR-based audience engagement platform
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Developer of a Live streaming platform for casual eSports games
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A metaverse platform is offered for live streaming events.
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A virtual reality-based social content platform is provided by Ceek.
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Detailed competitors of NextVR

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Latest news on Nextvr

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Complete news archive for NextVR

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  • Brand-specific news history

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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.

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.

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