Thursday, July 19, 2012

3D Startup Real5D Raises $1.2m To Let You Walk Around Construction Plans

Screen Shot 2012-07-19 at 11.21.043D visualization technology has been around for some time, so Real5D closing a $1.2 million Seria A rund from the U.S. venture fund DoubleRock might look out of place to some. But San Francisco-based startup Real5D has taken 3D visualization to an interesting level of interactivity by applying it to the needs of the commercial real estate industry. Founded by the Hungarian Balazs Farago, Real5D received funds in its bank account within days after winning the competition at the Funders and Founders event Life 3.0 ? Augmented Reality and New Media, and meeting its new investor Suraj Kumar Rajwani, the co-founder and general partner of DoubleRock Venture Capital, shortly afterwards.

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