Fenwick & West represented Jaunt, Inc., the company building the first full-stack hardware and software solution for cinematic VR, in a $27.8 million Series B financing. The round was led by Highland Capital Partners with participation by Google Ventures. Existing investors Redpoint Ventures, British Sky Broadcasting (Sky), Peter Gotcher, and Blake Krikorian also participated in the round. As a part of the funding round, Alex Taussig, Partner at Highland Capital, joined Jaunt’s board of directors.
The new funding will allow the company to scale its technology and deliver the world’s most immersive omnidirectional 3D experiences to mass audiences. More information on Jaunt’s $27.8M financing can be obtained in the company press release.
The Fenwick transaction team was led by corporate partners Steven Levine and Mark Stevens and corporate associates Luis Bacalao and Maureen Montgomery.