Matterport, fresh off its win at Realogy's FWD pitch competition in June for its immersive, 3-D virtual tour technology, has raised $16 million in a Series B funding round. The round, led by new investor DCM with participation from AME Cloud Ventures, brings the Mountain View, California-based firm's total outside investment to $26 million since launching in 2011. The funding provides more evidence that three-dimensional virtual home tours that allow homebuyers to explore photo-realistic spaces from multiple vantage points are on the verge of exploding in real estate. The new tech allows brokerages, agents and property managers to give homebuyers a virtual window into a home that strides beyond photographs and video without them having to drop their iPad, let alone stand up. ...
Jun 17, 2014 by Paul Hagey
Apr 28, 2014 by Paul Hagey