Remio raises $4.5 million to expand its VR team building platform

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Remio announced that it has raised $4.5 million in a new round of funding. The company plans to take advantage of the windfall to expand its platform for enterprise customers to create their own metaverse VR spaces on the Remio platform.

Khosla Ventures led the round, with participation from Version One Ventures, The Venture Reality Fund and Moai Capital. Khosla’s Sandhya Venkatachalam will also join Remio’s board of directors.

Remio’s VR platform is built for VR team building for remote workers. It has several well-known clients including Google, Netflix, Hubspot, Fidelity, Twilio, Trello, and Nextdoor. Within Remio, colleagues can use multiple work-related collaboration tools, as well as VR escape rooms, games, and paintball. Remio plans to use the new funding to give companies the opportunity to develop their own games within their VR metaverse.

Jos van der Westhuizen, co-founder of Remio, said in a statement: “Interactive workplaces with distributed teams are a growing, massive market opportunity and I believe that Remio will give our customers the competitive advantage in human capital development.”

Venkatachalam added, “There is tremendous demand in the market for creative, interactive workspaces that lead to increased employee engagement and productivity. Remio is well positioned to build on its success within the business by providing people and businesses with a superior Metaverse experience, and I look forward to working with the team as a trusted advisor on this journey.”

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Chris Barrese

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