VirZOOM Leverages Funding And Partnerships for Growth

VirZOOM has been reported on before regarding its efforts at making virtual reality (VR) into a way of promoting fitness and exercise with its bike peripheral which has been installed at various VR arcades, and even gyms and fitness centres in various locations around the world. Now the company hopes to move on to the next step with it’s new company partners, AMD and Life Fitness.

The company has been working with AMD since early May, with AMD providing the graphics cards to power high-end VR experiences at gyms and arcades where the VirZOOM peripheral is installed. VirZOOM have also been working with Samsung Gear VR on integrating the bike peripheral with the Gear VR headset to show health data as part of a heads-up display.

In addition, VirZOOM have secured a partnership with fitness equipment supplier Life Fitness to create a combined VR solution to be used with standard fitness equipment. The program has since expanded to various locations in Germany, Turkey, Hong Kong and the USA.

VirZOOM vSports Competition

VirZOOM Arcade is free to download on PlayStation Network and Steam and is available for PlayStation VR, Oculus Rift and HTC Vive, though it does require the VirZOOM bike peripheral, which is available via the VirZOOM website for $399.95 (USD). The bike peripheral allows users to control the VR experience by pedalling and leaning, with a variety of experiences such as racing, flying or fighting available.

Using the new partnerships and funding, VirZOOM are hoping to grow the company further and expand its reach into other areas. VirZOOM are planning on announcing new products at E3 in Los Angeles on 13th June, 2017.

VRFocus will bring you further information on VirZOOM as it becomes available.

$2.1M Seed Funding Secured By Antilatency

It may not be close to the $400m investment announced earlier today by developers of the Unity Engine, Unity Technologies. But another virtual reality (VR) company has cause to celebration today after it became the latest to reveal seed funding success. 

Antilatency, which works with positional tracking for movile VR, announced it had received over two million dollars in funding in its latest fundraising efforts from IIDF VC. Funds that will be used to help bring it’s mobile VR and augmented reality (AR) solution to market the Anti-latency tracker (ALT). Which will also be at not only the forthcoming CES Asia event but this year’s Electronic Entertainment Expo (E3) both of which will be next month. A demo was first shown at VRLA earlier this year.

According to the copany, which operates in both America and Russia, ALT “allows [the] user to walk around with mobile VR as opposed to existing solutions which only work with head rotations.Other benefits include movement prediction with compensation of rendering lags, wide tracking zone, multi-user mode, and outdoor functionality.”

“Inspired by the idea of a perfect tracking system, we’ve spent over two years of research on hardware, software, math algorithms, and industrial design. Today our team is testing early prototypes and our dream is close to coming true.” Explained Antilatency CTO Petr Sevostianov. “Virtual Reality powered by our tracker gives a miraculous sense of complete freedom, without wires and dizziness. And now we want everyone on the planet to be able to experience the same virtual reality as we do.”

A comparison infographic on ALT’s capabilities, according to Antilatency.

IIDF also explained, via representative Ilya Korolev their reasons for investing: “Virtual and augmented reality is a cutting edge niche demonstrating the capabilities of advanced technologies. As the global number of active virtual reality users is forecast to reach 171 million by 2018, the industry needs the solutions to improve the user experience. We are happy to support Antilatency in bringing innovative ALT: Anti-latency tracker to the market.”

VRFocus will be bringing you more details on the ALT as it and Antilatency continues their journey.