Allseated Raises $15M In Funding
- Allseated, a San Francisco, CA-based metaverse platform provider, raised $15m in funding
- Backers included Trinity Capital, Vestech Partners, NYFF, Magma Venture Partners, and WGG
- The company intends to use the funds to further scale its metaverse platform, to expand beyond events, into corporate use, boosting revenue growth and product development
- The metaverse, expected to be a $1 trillion market opportunity, brings new ways to connect people in immersive experiences
- It gives users a sense of presence in virtual environments and enables new ways to communicate, explore and engage
- The company provides a platform that has the ability to create metaverse environments to bring employees together, power lead generation, and support sales acceleration
