Contact Igloo

Here at Igloo HQ, we’re ever-so-happy to announce that the company has raised an
additional £435,000 in funding under the UK Government’s Enterprise Investment
Scheme (EIS).

This latest fundraising round, which closed on 5 April 2020 and values Igloo Vision at
£17.5 million, secured investment from several sources. The largest proportion, at
£200,000, came from the London-based brokerage house and fund manager
Mariana UFP LLP under its Growth EIS Fund. The remaining £235,000 was secured
from Igloo’s existing Midlands-based investors, including the Greater Birmingham
EIS fund and Frontier Development Capital.

Igloo CEO Dennis Wright said: “The fact that we were able to secure the
investment in the midst of the Coronavirus crisis demonstrates the strength of
the Igloo proposition. Our investors were particularly impressed by how we
continued to get the Igloo message out, develop our solutions, and sign-up
new business. As the crisis recedes, we will be in a strong position to resume
our growth story.”

The investment will help us build out our existing software suite and refine our
product range, including our new immersive workspaces and video solutions.
Igloo’s previous funding round closed less than a year previously, in May 2019, when
Frontier Development Capital invested £1 million. Since then, staff numbers have
grown from 50 to 80, we have entered into a partnership with the world’s largest
AV systems integrator, and have added a whole host of incredible names to the
client roster – like WarnerMedia, NTT, Automobili Pininfarina, and Telstra.

What makes me happiest of all about the announcement is its symbolic value
to the Igloo team,” concludes Dennis Wright. “Our people are working incredibly
hard to keep the company on track through the crisis, and this investment
stands out as an important vote of confidence.


What are you looking for today?

  1. Find out how Igloo technology can work for you
    Explore our range of products, including cubes, domes, cylinders, immersive workspaces and Immersive Media Players.

    Find out how the Igloo software can take any content from any source in any format and put it into a shared immersive space.

    Understand more about the applications for Igloo immersive technology, including collaboration, simulation, visualisation, and experiences.

    Check out our collection of case studies and our videos for inspiration.
  2. Learn how you can partner with us
    We’re always on the lookout for content creators who live and breathe the immersive medium - and so our are clients. So, we’d love to hear from you!

    If you’re a systems integrator with a client looking to create an immersive installation, find out how our Immersive Media Player can help you. We can help advise on all the quirks as well as the characteristics of immersive installations.

    See how you can integrate your software with the flexible, content-agnostic Igloo platform, and offer your clients a way to experience your tools in a shared immersive space.
  3. Contact us and book a demo
    Ready to experience the power of Igloo technology?

    Just get in touch! We can even offer you a virtual demo.
  4. Stay up to date with everything Igloo
    Sign up to our newsletter.

    And follow us on LinkedIn, Twitter, Facebook, or Instagram.


Back

Related Articles

Categories: Shared VR, News

Getting the job done - amidst a global pandemic

Getting the job done - amidst a global pandemic

9th November 2020

As the COVID-19 pandemic persists, we’re all adapting to new ways of working. And, for us at Igloo, that includes finding new ways to deliver…

Read more...

Guess who's back?

Guess who's back?

18th June 2021

After an age of digital events and virtual demos, we are beyond excited to be back at our first in-person UK event of 2021. We will be attending …

Read more...

Making training more effective with Shared VR - with a big boost to employee retention

Making training more effective with Shared VR - with a big boost to employee retention

13th May 2019

When it comes to training with Shared VR, Lanes Group plc is a global pace-setter.The firm was one of the first to see the potential of the technology…

Read more...