Disney Invests in VR Company Jaunt

Disney has announced a major investment in Jaunt, the leading company pioneering cinematic virtual reality (VR).

Jaunt leads the industry in innovation through its unrivaled end-to-end solution for creating and distributing premium live-action VR. This latest round of funding will enable Jaunt to significantly scale up VR production, and advance their professional-grade camera hardware and software production tools, delivering content to the widest array of mobile devices and VR hardware in the industry. In addition, Jaunt plans to use the funding to significantly grow their teams in both their Palo Alto headquarters and their new Los Angeles studio.

Disney recently used Jaunt’s VR services for ABC News’ virtual look at Syria as part of their coverage of the migrant crisis.