$15 Million Funding Round For IC Real Tech
IC Real Tech has announced the completion of a $15 million funding round. The funding was arranged by the private placement group of Raymond James.
The round will help to “further the marketing and development of the company’s revolutionary 360 x 360 degree video cameras that together with its App, delivers an immersive Virtual Reality viewing experience as if the user is standing in the location in real-time.”
“The financing will enable us to rapidly ramp-up for the launch of our cameras to the professional and consumer markets within the next few months,” Lee Munder (founder of Munder Funds), Chairman of IC Real Tech, Inc., said.
“Given the overwhelmingly positive customer feedback and numerous industry awards that the technology has received, resellers and retailers are extremely enthusiastic about the new profit opportunities that our products will bring to them.”