IRIS Series A
We are pleased to announce that IrisVR, an Indicator Ventures portfolio company, has raised $8M in Series A funding led by Emergence Capital with participation from Pritzker Group and Morningside Group, ahead of the company’s Q4 2016 product launch. Kevin Spain, General Partner at Emergence will be joining the Board of Directors, alongside Indicator Ventures’ General Partner, Jonathan Struhl. IrisVR couldn’t have found a better Series A partner to help accelerate growth given that Emergence Capital is arguably one of the world’s best enterprise software investors with investment such as Salesforce, Box, Yammer, SuccessFactors and Veeva Systems, to name a few.
Indicator co-led IrisVR’s seed round over a year ago and we are pleased with the progress they’ve made since then; their software has been adopted by almost 20,000 users in over 100 countries!
IrisVR intends to use its funding to accelerate the company’s growth, with a particular focus on the recruitment of new talent. IrisVR is currently seeking visionary creators and engineers who look forward to the merging of the digital and physical 3D worlds, love data driven design, and want to put groundbreaking technology to use in an industry that constructs the built environment.
IrisVR (www.irisvr.com) provides a suite of enterprise software that enables users to visualize and share 3D models in Virtual Reality. With IrisVR, architects and contractors can walk a client through a space before it’s built, communicate effectively with collaborators on site, and win more projects. IrisVR is headquartered in New York City.