Free-Roam VR Company Zero Latency Raises $7M

Melbourne based free-roam virtual reality experience company Zero Latency has raised $7 million in a pre-IPO funding round, The Australian reports.
 
The funding will be used to expand Zero Latency’s virtual reality game portfolio.
 
Since August 2015, the company has been offering ware-house scale virtual reality gaming experience in North Melbourne, Australia.
 
Users wearing a Oculus Rift VR headset and an Alienware backpack PC, can enjoy cable-free multiplayer virtual reality gaming experience for $65 (88 AUD). The experience lasts 45 minutes and up to six people can play simultaneously.

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Source: Haptical

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