Matterport Bags $16M for 3-D Scanning Tech, Tweaks Strategy

 

Matterport Inc. closed on $16 million in a new round of funding to prepare for a world where we are all able to better relive memories via three-dimensional, immersive photographs and video. For now, though, the company is focusing on a more mundane subject: real estate.

DCM led the Series B investment, with AME Cloud Ventures, a venture fund from Yahoo Inc. co-founder Jerry Yang, participating as a new investor.

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