Thursday, November 17, 2022

Arcturus Gets $11M For 3D Video Editing Tools

Los Angeles-based Arcturus, a developer of 3D video editing tools, said Wednesday afternoon that it has raised $11M in a Series A funding round. The funding was led by Cloudtree Ventures, and also included Autodesk and Epic Games. The startup is led by CEO Kamal Mistry. The company's flagship software is HoloSuite, which lets content creators create live-action, 3D performances, which can be streamed to virtual reality headsets and other platforms; the company calls that editing "volumetric video editing and streaming". The company's tools work with Unreal Engine, Autodesk and Unity.