Strata Announces First Round Funding for VR/AR for the Enterprise

Sep 22, 2016

Strata, a developer of 3D design software, announced that it has raised initial funding for its move into virtual reality (VR) and augmented reality (AR) for enterprise customers, along with changes and additions to the business. The funding was managed by Greg Kofford, co-founder at London and Australia based Lanstead Investors PTY Limited.

Kofford is also assisting Strata to bring in additional talent. New president/managing director John Wright has extensive experience leading technology companies, is a serial entrepreneur, and proven winner in building companies. A team of 3D artists, fresh off of winning a Student Emmy (CTA) were added, along with new engineering talent.