Home VR News HERE BE DRAGONS Closes $10 Million Series A Funding

HERE BE DRAGONS Closes $10 Million Series A Funding

HERE BE DRAGONS Closes $10 Million Series A Funding

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Today, HERE BE DRAGONS has announced that they’ve closed a $10 million Series A Funding led by Discovery Communications. HERE BE DRAGONS is a specialized experienced studio that’s focused on creating innovative virtual and augmented reality experiences.

As part of the the funding, Rebecca Howard who is Discovery’s Communications SVP of Emerging Platforms and Partnerships will join HERE BE DRAGON’s board of directors. Some of the additional investors for the Series A round include David Droga (creative chairman and founder of Droga5) and David Jones, founder of You & Mr. Jones.

“With a strong presence in the entertainment industry and a reputation for being on the cutting-edge of technology, Discovery is an ideal lead for us – one that shares our vision for the future,” said Patrick Milling-Smith, CEO and managing partner of HERE BE DRAGONS. “This investment will help to further broaden our creative and technological offerings – from creative ideation through production and post – while we continue to innovate and produce experiences that push the boundaries of what next-generation immersive storytelling is capable of.”

With this new round of funding, HERE BE DRAGONS looks to further expand its award-winning team in order to continue pushing the boundaries of VR, AR, and MR alike. HERE BE DRAGONS will invest in creative services and ideation, while continuing to develop bespoke technologies that will bring new elements of agency, story, interactivity and experience to immersive experiences.

 “Discovery and Here Be Dragons share a passion for creating thrilling, cutting-edge content that takes viewers places they never thought possible,” said Karen Leever, executive vice president and general manager, Discovery Digital. “We look forward to what comes next from the incredibly talented team at Here Be Dragons.”

This new round of funding comes after HERE BE DRAGONS premiere of their newest project at this year’s Venice Film Festival (“Dispatch”), while previous award-winning projects this year include premieres at Sundance Film Festival (“Tree”) and Tribeca Film Festival (“The Protectors: Walk in the Ranger’s Shoes” with Kathryn Bigelow, “The Last Goodbye,” and “The Possible”), along with “Sessions: The Legion Mixed Reality Experience” at Comic Con for FX Networks.

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