USA – AerialSphere, a Phoenix, AZ-based provider of immersive aerial experiences, raised $5m in Series A financing.
The round, which brought total funding since launch to $6.3m, was led by Jokake Companies with participation from both existing and new investors. The company intends to use the funds to expand its sales and marketing efforts as well as broaden and accelerate product development. Led by CEO Mike Smith, AerialSphere offers a national dataset of fully-immersive and geo-rectified 360-degree aerial panoramas that deliver unique perspectives to increase engagement and drive revenue. The company is now launching the new Experience360 and VR360 product lines in the coming month. Experience360 will give users the tools and flexibility to create their own immersive experiences through a web application. The Experience360 API will enable enterprises to integrate 360-degree aerial experiences directly into their platform. The patented platform and open API integrates with virtually any application environment and device to deliver experiences that are engaging and effective than traditional digital mapping solutions. AerialSphere is used by organizations in Real Estate, Retail, Travel, Insurance, Government, Entertainment/Events, Education and Technology. Clients include Marriott, Cushman & Wakefield, CBRE, Colliers International, Catellus and The Opus Group, among others. 12/06/2020
