Voke, the virtual reality company that focuses on live streaming of sports and music entertainment has just received investment from Intel Capital, Sacramento Kings, A&E, and more. Intel Capital, a company that has invested more than $11 billion in companies since its existence, was the majority stakeholder.
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“Nearly every business is being revolutionized by data and the ability to capture, connect, analyze and interact with it,” said Wendell Brooks, Intel Capital president, in a company blog post. “One example that Intel is especially excited about is how data is reinventing the way people consume and interact with sports media.”
Based in Silicon Valley, Voke looks to lock up more sports for live streaming in virtual reality with this new capital. The company has been vigorously working toward expanding two-dimensional video production. This will allow users moving the tablet or Smartphone device to get 360-degree video angles.
Having multiple viewpoints for the fans is something that this company thrives on. Fans can choose where they want to place themselves in the crowd and re-locate instantly from one seat to another.
“Virtual reality technologies are developing at a rapid pace and are becoming very affordable and relevant,” said Uma Jayaram, co-founder of Voke. “Live event virtual reality will appeal to fans of all demographic backgrounds and change the way we consume sports and entertainment content. We truly believe our technology is setting the bar when it comes to making immersive presence in live events an engaging fan experience, accessible to everyone.”