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3 Latest Announced Rounds

$2,265.93M Raised in 95 Funding Rounds in the past 7 Days - View All

Funding Round Profile

CloudTree Ventures

investor
United States - Miami, FL
  • 17/11/2022
  • Series A
  • $11,000,000

CloudTree teams with the founders building the fundamental infrastructure that drives interactive experiences in leading-edge gaming, esports, AR/VR, and XR technologies. We believe “Interactive Entertainment” is a driving force of innovation in hardware, software, and media as the demand for innovative and intuitive experiences pushes the boundaries of existing technology. The proliferation of connected devices and mass digital media consumption has established a base of ‘always-on’ consumers who engage in mobile games, social media, immersive experiences, and e-commerce. The democratization of tools and technology, paired with open digital platforms, can further enable the creation and distribution of better, cheaper, and more diverse IE. Moreover, new technology, including edge computing, machine learning, XR, avatars, and blockchain, will continue to drive the industry’s growth well into the future.

These new technologies created by our desire for social engagement and entertainment are often extremely well suited for industries outside of IE, including healthcare and education. We, therefore, see the crossover of these technologies into these secondary markets, in addition to their primary use cases, as a key component to the untapped value in IE today and an important valuation driver as we evaluate market opportunities in the IE sector.


Related People

Adam T. SmithInvestor

Adam T. Smith United States - Miami, Florida

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