Another veteran team of Seattle-based entrepreneurs is starting a new business in the virtual reality industry. This time it’s Pixvana, a startup led by former Buuteeq CEO Forest Key that today announced a $ 6 million round led by Madrona Venture Group, with participation from Vulcan Capital and angel investors like ‘Soma’ Somasegar, Mike Galgon, Geoff Entress, Charles Fitzgerald, John Keister, and others. Pixvana describes itself as a “video processing and delivery platform for media and entertainment applications” that plans to help big-name clients like CBS or the NFL with how they prepare, organize, and deliver video to virtual reality headsets. Key,… Read More
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