Count Alphabet’s investment arm as another top venture firm that’s betting on a new Seattle-area virtual reality startup. Envelop VR, a Bellevue-based company developing virtual reality software, today announced a $ 1.5 million investment from GV, formerly known as Google Ventures until this past month (Alphabet is the new parent company that houses Google). The fresh cash completes a $ 5.5 million Series A round that was led by Seattle-based Madrona Venture Group, which announced its involvement this past October. Envelop, which also raised $ 2 million from a group of high-power angels in June, is led by video game industry veteran and Uber Entertainment CEO Bob Berry.… Read More
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