23 new startup deals totaling ~$440M+ in new funding for NYC startups last week; several newly-minted unicorns. NYC Tech News for the week ending 10/9 featuring news for PERSUIT, Unacast, BrightHire, and much, much more.
One of the key challenges preventing the widespread use of 3D, VR, and AR technologies is that achieving scale efficiently is difficult when development teams have to account for tailoring their projects for a growing ecosystem of specific devices and then maintaining these siloed experiences. echo3D is a content management system and content delivery network that gives developers the tool to confidently build using its back-end platform technology and ensure that the user experience will be fluid throughout. Similar to what headless architecture has done for commerce, echo3D decouples the back-end from the front with server-side infrastructure, providing the tools and a network platform. By essentially streamlining the creation of and offloading the maintenance of the back end for emerging technology development, like AWS has done for servers, echo3D allows developers to get to market faster and focus on building greater user experiences on the front end. The company, which just rebranded from echoAR, already has 12,000+ developers using the platform to build, maintain, and distribute their applications through a freemium model. AlleyWatch caught up with echo3D CEO Alon Grinshpoon to learn more about how a unified cloud infrastructure for 3D/AR/VR applications will foster widespread creation of tomorrow’s cutting edge applications, the company’s strategic plans, latest round of funding from investors that include Konvoy Ventures, Space Capital, and Remagine Ventures.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 10/7/2021 featuring funding details for Wardrobe, IT Central Station, and much more. This page will be updated throughout the day to reflect any new fundings.