Umbra raises $3.4 million to meet AR/VR demand

first_imgUmbra raises $3.4 million to meet AR/VR demand3D technology company anticipates huge opportunities outside of gamesMatthew HandrahanEditor-in-ChiefMonday 2nd November 2015Share this article Recommend Tweet ShareCompanies in this articleUmbra SoftwareThe Finnish 3D graphics firm Umbra has closed a $3.4 million series A round of funding, featuring contributions from Lifeline Ventures, Initial Capital and several angel investors.Umbra has built its business on a 3D rendering technology used in a host of AAA video games. The company’s partners include Bungie, Infinity Ward, Bethesda, Rocksteady, Bioware and CD Projekt, among many others.However, it now wants to push its technology even further, targeting the potential applications of 3D graphics technology in fields outside of video games. Related JobsSenior Game Designer – UE4 – AAA United Kingdom Amiqus GamesProgrammer – REMOTE – work with industry veterans! North West Amiqus GamesJunior Video Editor – GLOBAL publisher United Kingdom Amiqus GamesDiscover more jobs in games “We’re expanding our technology to enable storing, streaming and rendering of massive 3D data sets,” said CEO Otso Mäkinen. “We already have a functional prototype that will be first released on top of game engines such as Unity and Unreal. Our goal is to make 3D available for everyone in the future.”Umbra listed architectural planning, construction engineering, digital maps and simulations as possible areas for growth. It also noted increasing interest in augmented reality from companies like Google, and the “staggering frame rates and performance” that will demand.This new funding will allow Umbra to start pushing in that direction, starting with a period of expansion in which it will bring new talent into its team.Celebrating employer excellence in the video games industry8th July 2021Submit your company Sign up for The Daily Update and get the best of GamesIndustry.biz in your inbox. Enter your email addressMore storiesEA leans on Apex Legends and live services in fourth quarterQ4 and full year revenues close to flat and profits take a tumble, but publisher’s bookings still up double-digitsBy Brendan Sinclair 7 hours agoEA Play Live set for July 22Formerly E3-adjacent event moves to take place a month and half after the ESA’s showBy Jeffrey Rousseau 9 hours agoLatest comments Sign in to contributeEmail addressPasswordSign in Need an account? Register now.last_img