Lucid Sight raises $3.5M in Series A


What does Lucid Sight do?

Lucid Sight, is a company which designs and develops innovative virtual reality apps, games and experiences. The company is one hundred percent virtual reality focused. It also develops tools and plug-ins for helping today’s virtual reality Indy developer reach a wider community.

How much Lucid Sight was funded?

The company raised $3.5M in Series A on May 16, 2016 from Salem Partners and Rana Capital Partners.

What is next for Lucid Sight?

The company plans to use the funding raised for accelerating the development of its free ad-supported game across the existing virtual reality platforms.  This funding round coincides with the launch of the company virtual reality ad SDK and allows the other virtual reality game developers in monetizing their virtual reality games. The funding will also help the company in releasing high quality and free ad supported games across all the virtual reality platforms at high speed. The company has released popular games such as Gumi No Yume, Poly Runner VR and Space Bit Attack. The company’s games have been featured by Steam and Oculus many times and have reached the top selling virtual reality and top free games sections of the oculus store. The company has plans of releasing another 20 titles by the end of 2016. The company will also be using the capital raised for opening its advertising platform to other virtual reality game developers who want to monetize their games with advertisements.

More about Lucid Sight

Lucid Sight was founded in 2015 by Fazri Zubair and Octavio Herrera. It has its headquarters in Los Angeles, California. The company was founded by a team of experienced software entrepreneurs and developers. The company is hundred percent virtual reality focused. It monetizes its games with advertisements from major brands and film studios. The company advertisers also include virtual reality content makers who recognize the ideal place for reaching virtual reality consumers is within other virtual reality content.