Imaginate Software Labs Pvt Ltd raises $500K in seed funding from SRI Capital (SLP Hyderabad, 2012)July 10, 2017, 6:13 a.m.
Hemanth Satyanarayana's Virtual Reality and Augmented Reality startup, Imaginate Software Labs Pvt Ltd raises $500K in seed funding from a Philadelphia-based seed stage investor, SRI Capital for their newly launched product, NuSpace.
NuSpace operates primarily in the B2B space of specialized training and education. With the aim to revolutionize the way people collaborate and learn, NuSpace platform will integrate the experience of a physical classroom like environment and a digital conferencing platform
“With just a 2 Mbps connection, every NuSpace user can communicate with one another across geographies through their realistic avatars. It is less than the minimum internet speed that a HD video connection would need.”, informs Hemanth Satyanarayana, the Managing Director of Imaginate.
Covered by Economic times: http://bit.ly/2mwc67h
Website link: http://www.imaginate.in/
Image credit: Imaginate