VR Metaverse for Enterprise Remio Raises $4.5 Million
Talk around metaverse’s tend to involve gaming and creator economies rather than enterprise applications, which generally fall into collaboration platforms. Aren’t the two mutually equal you may ask? Well, Remio is one such platform aiming to bridge that gap, announcing a $4.5 million USD Series Seed round to help tap into this growing market.
Remio was founded in 2020 and since then has been adopted by enterprise customers including Google, Netflix, Hubspot, Fidelity, Twilio, and Trello. The funding was led by Khosla Ventures along with Version One Ventures, The Venture Reality Fund, and Moai Capital, with the San Francisco-based startup welcoming Khosla Ventures to its board. The funds will be used to extend the core platform so that customers build their own spaces and experiences.
Rather than purely being a collaborative app to have virtual meetings in Remio has merged game-like features into the mix. So customers can host a big corporate event or a private meeting, tackle an escape room, play some basketball or challenge each other to a paintball match. All in the name of team building.
“We’re excited and grateful for the investor support, and appreciative that Sandhya Venkatachalam of Khosla is joining our board. Their support is a testament to the value we bring to our customers as well as Remio’s untapped market potential. Interactive workplaces with distributed teams is a growing, massive market opportunity, and I believe that Remio will provide the competitive edge for human capital development to our customers,” said co-founder Jos van der Westhuizen in a statement.
“There’s tremendous demand in the market for creative, interactive workspaces that lead to greater employee engagement and productivity. Remio is well-positioned to build upon its success in the enterprise by providing a superior metaverse experience for people and companies, and I’m looking forward to working with the team on this journey as a trusted advisor,” Venkatachalam adds.
Remio is part of an ever-growing selection of collaborative apps in VR, which include the likes of The Wild, Glue, Vive XR Suite, Varjo Reality Cloud, Arthur, Spatial, Gravity Sketch and MeetinVR to name just a few. Remio might be enterprise-focused but you can find it on App Lab for Meta Quest if you want to take a look. For further updates, keep reading gmw3.