CommonGround raises $25M for immersive video avatar technology
Leading Israeli VC Grove Ventures’ portfolio company, CommonGround, announces it has raised $25 million in funding for its live avatar software. CommonGround has developed technology that allows users to scan their faces using their smartphones and create real-time 3D avatars that can be used in video applications. The avatars can engage and respond to others in virtual meetings, complete with reactions and movements. CommonGround’s technology does not require VR gear and can be used on video screens, making it accessible to a wider audience. The company believes that moving video conferencing from 2D to 3D can enhance the remote meeting experience and improve communication.
>> Click here to read the full article originally published in TechCrunch: CommonGround raises $25M for immersive video avatar technology that doesn’t rely on VR gear