Wevr raises $25 million and launches Transport, the YouTube of VR content

[Wireless News]

http://l2.yimg.com/bt/api/res/1.2/zg5pXoVMnCsaCfyiJpMouQ--/YXBwaWQ9eW5ld3NfbGVnbztmaT1maWxsO2g9ODY7cT03NTt3PT EzMA--/http://media.zenfs.com/en-US/homerun/digital_trends_973/6bbf5c14a54553c5e1d0e74daa31562c (http://news.yahoo.com/wevr-raises-25-million-launches-164722483.html)Wevr, a virtual reality community, has raised more than $25 million in recent months from a long list of investors that includes HTC and Samsung Ventures. That announcement was a postscript to the company’s announcement of Transport, a network that aims to be the YouTube of VR content. “Transport is a curated content network,” according to Neville Spiteri, co-founder and CEO of Wevr. “It is device agnostic, so users can experience it on any headset. Influenced by the open web and the power of today’s social networks, Transport enables frictionless publishing for creatives and easy discovery for fans, and most importantly a high-quality experience for both.” Related : How to step into virtual reality without breaking the bank Transport, which is launching in private beta, will allow VR content creators to monetize their content. It will also be based on an “open and extensible VR media format.” The network for VR content will be available online as well as on all VR head-mounted display platforms (e.g., Google Cardboard, Samsung Gear VR, HTC Vive, Oculus VR and PlayStation VR). Transport will start by featuring high-quality VR content and experiences and may feature exclusive content. “Exclusivity matters,” said Anthony Batt, Wevr co-founder and EVP. Wevr, which has created its own VR content, is also experimenting with trigger points, which let users unlock extra content within a VR story. Also watch: Hannibal Buress Trying Virtual Reality Porn is Comedy Gold Please enable Javascript to watch this video



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