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WEARVR Raises $1.5 Million in Funding

With so many virtual reality (VR) head-mounted displays (HMDs) on the horizon and software already being released for those in possession of development kits, VR audiences will soon need a definitive storefront for content. Oculus VR has its Share platform for free software and Steam allows developers to highlight VR support, but WEARVR has ambitions to top all of these. The platform has recently announced that it has raised some $1.5 million USD in funding in hopes of becoming the definitive VR store.

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WEARVR currently features over 900 VR experiences across a range of HMDs including Oculus Rift, Google Cardboard and the Carl Zeiss VR One. Plans to support future HMDs such as the OSVR Hacker Dev Kit are also in place. Funding comes to Atlanta-based investors and will be used to expand WEARVR’s features and marketing.

“Despite minimal marketing we’ve witnessed phenomenal interest in WEARVR since we launched in July, both from end-users and from developers – with whom we’ve formed important relationships,” WEARVR co-founder Nic Mitham said of the news. “This funding will allow us to reach the growing number of people excited by the possibilities of virtual reality, as well as expanding the store’s functionality, as requested by our vocal and passionate community of VR fans.”

Fans will recall that WEARVR reached 150,000 unique downloads in January 2015. The company expects to turn that into 1 million downloads by the end of the year. Expect to hear plenty more from the platform in the near future, then.

VRFocus will continue to follow WEARVR closely, reporting back with any further updates on the title.