InContext Gets $15 million for VR in Retail

InContext Solutions, a specialist in virtual reality (VR) solutions for retailers and manufacturers, announced the closing of a $15.2 million funding round, lead by Intel Capital and Beringea. The finance will be used for accelerate sales and marketing efforts, expand its geographic footprint, and improve its VR product portfolio, including further development of solutions for head-mounted devices. The company is working on developing a platform for hyper-realistic retail environments.

InContextInContext creates high quality virtual retail environments. Image:InContext