VRstudios Ships Wireless Virtual Reality System

By CIOReview | Wednesday, February 24, 2016
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FREMONT, CA: Initiating a new milestone, the Bellevue-based startup, VRstudios, began shipping its virtual reality systems for several businesses across the world. The company earns expertise at developing a wireless, full-motion virtual reality hardware/software solution that allows customers in industries ranging from aerospace and construction to entertainment utilize a fully-immersive virtual environment.

VRstudios is a larger organization that now has three product lines: VRcade, which focuses on video games, VRdesign, which is for architects, and VRsolutions, which offers custom services for VR deployments. The company also sells a variety of system configurations ranging from $40,000 to $750,000 that can be owned or leased. “Our existing clients are early adopters of this type of VR technology and view it as a being a significant competitive advantage,” VRstudios CEO Charles Herrick told GeekWire.

The firm shipped and installed their systems in the U.S., China, and France helping customers to fulfill their business requirement—whether a pre-construction walk-through for architects or a gaming environment at a family fun center. The system enables multiple people participate in the same virtual space and include headsets, cameras, and interactive devices, along with an SDK for its development partners. “These are turnkey systems that are delivered, deployed, and being totally managed by our customers after installation and training,” Herrick noted. What sets the technology ahead of the market league is its room-scale VR, or virtual reality experiences that enables users walk around in the real world and have that translate to movement within the digital space.

VRcade continues to develop its virtual reality arcade and this past summer it installed a standalone system in the Dave and Buster’s flagship store in Milpitas, Calif. Herrick informs that VRcade is developing more content and games, as well as new multi-player capabilities that will support a “significant Dave and Buster’s rollout,” he noted.

Further dig-through the company’s functionalities, VRstudios since past September has raised a $1.3 million seed round and said that it is raising more investment that will help reel in “several million dollars” by the end of March. “We have also sold portable versions of the VRstudios platform to clients that needed the ability to take the immersive experience to their customers,” extols Herrick.