Citic Guoan, NetEase, SoftBank, Founder Group, Time Warner, Comcast, Madison Square Garden and Dick Clark Productions all took part, investing at an $800m valuation.
US-based virtual reality broadcasting technology developer NextVR closed an $80m series B round today, having secured backing from investors including internet and gaming company NetEase and telecommunications group SoftBank.
The round includes the $20m investment by IT services provider Citic Guoan Information Industry last month, as well as Founder H Fund, a corporate venturing subsidiary of technology conglomerate Founder Group, and contributions from CMC Holdings, VMS Investments Group, China Assets (Holdings) and Spectrum 28.
In addition, NextVR’s series A…
