Strategic investments set to fuel Matterport's momentum

Terms of the funding were not disclosed
  • Matterport has received strategic investments from an array of real estate and media firms.
  • The company did not specify projects on the horizon, but the funding will go toward expanding its 3D and virtual reality tech into new markets.
  • Along with capital, the new investors will provide Matterport with guidance in the areas of commercial real estate, media and publishing, travel and hospitality -- and more.

Like much of the real estate tech industry, Matterport has virtual reality on the brain and the fire of an ever-evolving digital space to ignite motivation for expansion and progress. Today, the provider of 3-D virtual tours added some extra fuel to its funding tank with an infusion of strategic investments.