AltspaceVR

AltspaceVR is a software startup company based in Redwood City, California that was founded in 2013, and launched its initial product in May 2015.[3]

AltspaceVR
Subsidiary
IndustryVirtual reality
Founded2013 (2013)
FoundersDavid Gudmundson
Eric Romo
Gavan Wilhite[1]
HeadquartersRedwood City, California[2]
ProductsSocial software
ParentMicrosoft
Websitealtvr.com

AltspaceVR software provides meeting spaces in virtual reality, where users can have conversations, watch videos, play games, and browse the Internet.[4] Avatars in AltspaceVR can automatically mimic a user's body language, through the use of Microsoft's Kinect.[5] The software supported eye tracking, but as of 2015 the necessary hardware was not yet available in most consumer VR headsets.[6] The company uses a freemium business model, where the basic software is given away to consumers for free, and the business then charges for more advanced features.[7]

In October 2017, AltspaceVR was acquired by Microsoft.[8]

References
  1. Matney, Lucas (February 4, 2016). "AltspaceVR Social Platform Launches On Samsung Gear VR". TechCrunch. Retrieved 18 April 2016.
  2. Pullen, John Patrick (January 19, 2016). "This Startup Is Solving Virtual Reality's Biggest Problem". TIME Magazine. Retrieved 18 April 2016.
  3. Robertson, Adi (April 6, 2016). "AltspaceVR wants to make VR chat sessions part of everyday life". The Verge. Retrieved 18 April 2016.
  4. Constine, Josh (July 29, 2015). "VR Chat Room AltspaceVR Raises $10.3M To Sell Virtual Events". TechCrunch. Retrieved 18 April 2016.
  5. Metz, Rachel (April 6, 2015). "A Startup's Plans for a New Social Reality". MIT Technology Review. Retrieved 18 April 2016.
  6. Johnson, Eric (June 8, 2015). "My Eyes Are Up Here: Eye-Tracking Comes to Virtual Reality Social Network AltspaceVR". Re/code. Re/code. Retrieved 18 April 2016.
  7. Gaudiosi, John (May 20, 2015). "This company created the first social platform for virtual reality". Fortune. Fortune Magazine. Retrieved 18 April 2016.
  8. Eadicicco, Lisa (3 October 2017). "Microsoft Just Bought a Virtual Reality Company to Challenge Facebook". Time.
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