WorldViz Gets Funding From Intel

Santa Barbara-based WorldViz, a developer of virtual reality software, said this morning that it has raised a Series A funding round from Intel. Financial details of the funding were not announced. According to the company, it is developing virtual reality applications aimed at the enterprise market. WorldViz is led by Andy Beall, and was founded in 2002. WorldViz offers up a number of tools and services for creating virtual reality applications, which it says are used by more than 1,500 Fortune 500 companies, academic institutions, and government agencies, particularly in the area of architectural visualization. More information »