FIBRUM Launches DESIRIUM VR Platform With $1 Million in Funding

Information Technology Press Releases Friday September 21, 2018 09:42
MOSCOW, September--21 Sep--PRNewswire/InfoQuest
FIBRUM announces the launch of the DESIRIUM VR platform that has a potential of changing the VR content distribution market.
To view the Multimedia News Release, please click:
FIBRUM received an investment of $1 million for the launch of DESIRIUM. The FunCubator and NP Capital funds led the investment round.

DESIRIUM is a unique product for the VR market, through which entertainment content is distributed. On September 19, 2018, the platform came out as an application in the Oculus Store and is now available on Oculus Go   and Samsung Gear VR headsets.

"We believe that content delivery and consumption in virtual reality will change significantly in the nearest future," said FIBRUM CEO Ilya Flaks. "Many years of experience in VR made it possible to design DESIRIUM as a single ecosystem in the industry and guarantee our users with exceptionally new experience with VR."

FIBRUM intends to attract the best developers offering them a 70% revenue sharing model. The first version of DESIRIUM will include content from 4 partners.
Within DESIRIUM, FIBRUM performs as a developer, publisher, and distributor of VR content. The attracted investments will go to R&D and marketing of both the product itself and the partnership program.
By the end of 2018, DESIRIUM will be featured in major standalone headsets of the US and Asia. During this time, the content library should grow twofold.
Lead-investor of the round is the FunCubator fund.
"We are expanding our investment portfolio with VR," says Almas Abulkhairov, a partner with FunCubator. - DESIRIUM attracts us as a full package - content, channel distribution, and consumer."
The investment round was also shared by NP Capital.

"We believe that the technological progress has changed human behavioral patterns. People now have a lot more free time which they fill with leisure and entertainment. Team FIBRUM has found an excellent niche in one of the most promising areas of entertainment - VR. We are convinced that the project is up to great success," said NP Capital Investment Director Armen Mikaelyan.

DESIRIUM for Oculus GO -
DESIRIUM for Samsung Gear VR -
DESIRIUM official trailer -
DESIRIUM official website -
Source: FIBRUM

Latest Press Release

Huawei: New Technologies to Advance Gender Equality

The new technologies may result in more freedom for many women, and the digital age will create opportunities for everyone regardless of gender, Catherine Chen, Huawei senior vice-president and director of the board, wrote in her byline for The Brussels...

SKYWORTH Announced as the Official Television Partner for the 30th SEA Games 2019 and 10th ASEAN Para Games 2020

SKYWORTH, a pioneer in big-screen Artificial Intelligence of Things (AIoT) and a leading global television brand, announced today that it will be the Official Television Partner for the 30th Southeast Asian Games 2019 and 10th ASEAN Para Games 2020 ('the...

TrueOnline Confirms Its Leadership in Fiber Internet, Revolutionizing Home Internet Market with Thailands First Gigatex Fiber Router

TrueOnline To Create New Experience of Full Speed 1 Gbps Internet at Starting Price of Baht 899 TrueOnline, the No. 1 Fiber Internet in Thailand, is making a significant move in the home internet market through launching packages of full-speed 1 Gbps...

Panasonic Launches Intelligent Security System, Expecting to Become Leader of Smart City

Panasonic responds to Smart City corresponding to the government policy that requires the city development. It expects to become the leader in the market and also launches the intelligent security system which meets requirements of consumers. Moving to...

Vymo Wins Ocean of Opportunities CRM Track for Enhancing Customer Relationships and Mobilizing Sales Force

AI-enabled Mobile Personal Assistant lends greater visibility into customer engagement and improves operational efficiency Vymo ( ), a New York-based next-generation CRM startup, that uses mobility and intelligence as key levers to...

Related Topics