Vrideo Shuts Down, Signaling Troubles Ahead for 360 Video

Clifton Dawson, Principal Analyst Imaging & Video, Insight Articles, Media & Entertainment, Venture Capital, Private Equity, and M&A, Virtual Reality, Virtual Reality Intelligence Service

Vrideo announced November 21 that it is shuttering its 360 video aggregation website and app, which had more than 700,000 installs. The ambitious site raised an initial funding round of $2 million in early 2015 from investors including Machinima co-founder Allen DeBevoise, Betaworks and Lerer Hippeau Ventures. Vrideo was apparently unable to raise any additional funding since, and simply ran out of … Read More