U.S fund invests USD 2 mln in Romanian animation software developer

Romanian startup Holotech Studios, the developer of the real time animation program FaceRig, has received a USD 2 million investment from U.S. venture capital fund Signal Fire, start-up.ro reported.

The money will be used for the further development of the FaceRig suite and expanding the current product line. Some of the planned developments for 2018 include a multi-platform SDK solution and an electronic avatars store. The company also opened an office in San Francisco to support its global growth, says Romania-Insider.com.

The FaceRig software allows users to embody and animate real time computer-generated (CG) character portraits via motion capture from a webcam stream or via direct controls.

To date, the software has been downloaded more than 4 million times all over the world.

It can be used for both personal and commercial purposes, from Skype conversations to corporate events, education or theater.

 

Read more HERE

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