Earlier last year, Matterport has released a $4,500 3D scanning camera specifically made for this vision and serve its target stakeholders. In partnership with Google's Project Tango, the company enabled realtors to create a different kind of tour using the device. The scanning camera's main purpose is focused on providing a three-dimensional look, generating a more immersive experience for potential buyers. It allows overarching 360-degree view of virtual scenes that are expected to have a positive impact on real estate sales. Applications are expected to increase in numbers through the said technology.
To heighten opportunities, the Mountain View-based company has revealed that it has raised a $30 million Series C funding round led by Qualcomm. In an exclusive interview with VentureBeat, Bill Brown, chief executive of Matterport said, "We have gone through a growth period and we are looking to further fuel that growth. We're making very good progress on our applications platform."
"We want to make it very easy for third-party apps to create and use this type of content," said Brown. In line with this, the company seeks to develop a software program that enables almost any device, including smartphones and tablets, to capture a three-dimensional content. The company currently works on incorporating 3D sensors in small handheld devices.
Fortunately, many interested investors have remained to support Matterport's upgrade. Qualcomm and GIC, Singapore's sovereign wealth fund has joined in to lead the funding.
Aside from those, there remain Matterport's previous investors such as Lux Capital, DCM Ventures, Felicis Ventures, Greylock Partners, Navitas Capital, AMD Ventures, AME Cloud Ventures, iGlobe Partners, Rothenberg Ventures, Sling Media founder Blake Krikorian, and Crate & Barrel founder Gordon Segal.
It has been reported that the company has managed to raise a total funding of $56 million. Today, Matterport's existing mobile VR is a big hit with real estate agents.
