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Russian 3D software creator Vizerra raised $6 million last week in its first round of funding. The finances came primarily from venture firm Solway Investment Group, which focuses on Central and Eastern Europe investments.
Vizerra, which is part of 3DreamTeam Inc., creates photo-realistic, interactive 3D software, which is popularly used in architectural problem-solving and virtual tourism. For example, architects can take a project which has upwards of 600 computer aided design (CAD) drawings and compile them using Vizerra’s software to quickly create a 3D rendering. Vizerra prides itself on the time saved using their product.
“A scene which was made in [Vizerra competitor Revit] was rendered as 19 second video in five days,” said founder and chief executive Arman Gukasyan. “Our algorithm transferred the same scene, but into an interactive mode where you can navigate yourself, within minutes.”
The company will use the funding to develop its current products, in addition to a business-to-business product launching in the United States this fall. Gukasyan explained that the product will be pivotal for architects, but would not elaborate further. Vizerra has also entered into a joint venture with a well-known U.S. software company, Gukasyan said, but would not disclose the company’s name.
Vizerra launched in 2008 and was a demonstrator at the 2010 DEMO conference. Is is headquartered in Skolkovo, Russia. The company has received $10 million in funding to date from Solway Investment Group and angel investor Alexander Dobrovinsky. High-profile clients who use Vizerra products include the city government of Barcelona, the organizing committee for the XXII Olympic Winter Games, and the 2014 XI Paralypmics Winter Games.
Got six minutes to launch your game changer? We’re finding top-shelf thinkers from around the world ready to showcase their products at DEMO Fall, on the same stage where companies like Netscape, TiVo, E-Trade, and Java got their start. After you sweat out your six minutes of fame, head off the the DEMO pavilion to chat with potential investors, partners and show off the goods. Apply for your spot here. Demo Fall 2011 is located at the Hyatt Regency in Silicon Valley, September 12-14.
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