Vrideo Shuts Down, Signaling Troubles Ahead for 360 Video

Clifton Dawson, CEO Clifton Dawson, CEO Imaging & Video, Insight Articles, Media & Entertainment, Venture Capital, Private Equity, and M&A, Virtual Reality, Virtual Reality Intelligence Service

Vrideo announced November 21 that it is shuttering its 360 video¬†aggregation website¬†and app, which had more than 700,000 installs. The ambitious site raised an initial funding round of $2 million in early 2015 from investors including Machinima co-founder Allen DeBevoise, Betaworks and Lerer Hippeau Ventures. Vrideo was apparently unable to raise any additional funding since, and simply ran out of … Read More