WorldViz
Regulation Crowdfunding offering on SeedInvest (SI Securities)
$1.28M
of $1.07M goal
120.1% funded
About the offering
Analysts believe that the use of augmented reality (AR) and virtual reality (VR) in businesses could grow to a $108B market by 2021 (up from $3.9B in 2016). One area that is poised to take advantage of these new technologies is business collaboration. The rising globalization of business, coupled with the increasing costs of travel, requires better, more cost-effective ways to communicate and collaborate. That need has never been greater in manufacturing, engineering, architecture or construction, where the slightest miscommunication can lead to million-dollar mistakes and month-long delays. Current collaboration technologies, such a telephony and video conferencing, don’t allow users in multiple places around the world to meet each other in a virtual space. Nor do they enable users to experience concepts and ideas as if they actually exist, like what a new car concept might be like to sit in, or what an architectural design will be like to live in. Only VR can provide that, and only Vizible makes it easy enough for anyone to do. Vizible is cloud-based and designed for hosting secure, private meetings in VR. It’s designed for simplicity with a drag-and-drop interface that is immediately familiar to anyone who uses PowerPoint, Google docs, or GoToMeeting. In a nutshell, Vizible is the next step in business collaboration. We already have Vizible customers across the globe providing a recurring revenue stream, as well as involved channel and technology partners. With more investment, we can expand our reach and bring Vizible to the masses.
FAQ
How much has WorldViz raised?
WorldViz has raised $1.28M of a $1.07M goal.
Where is WorldViz's campaign listed?
The offering is listed on SeedInvest (SI Securities), an SEC-registered Reg CF intermediary.
What are the terms of WorldViz's raise?
Preferred Stock, $19M cap, $7.28/share.
When does WorldViz's offering close?
The stated close date is Apr 27, 2018.
