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NGCodec Closes $8M Series A Investment, Aiming to Make Low Latency Cloud-based VR a Reality

Road to VR

NGCodec , a cloud video processing company creating low latency codecs for video and interactive VR, announced the closure of an $8 million Series A funding round, bringing their total funds to $15.9 The post NGCodec Closes $8M Series A Investment, Aiming to Make Low Latency Cloud-based VR a Reality appeared first on Road to VR.

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NVIDIA Announces CloudXR Updates at SIGGRAPH 2023

XR Today - Mixed Reality tag

This included adopters of the Omniverse such as Amazon, Deutsche Bahn, and others. He explained further, “Amazon is using Omniverse to visualise their warehouse, [a] giant robotic system, to help their workers [and] to simulate their fleet of AMRs. [We We are] creating a digital twin of the [Earth’s climate system].