July 15, 2011 | Meghan Kelly
Russian 3D software creator Vizerra raised $6 million last week in its first round of funding. The finances came primarily from venture firm Solway Investment Group, which focuses on Central and Eastern Europe investments.
Vizerra, which is part of 3DreamTeam Inc., creates photo-realistic, interactive 3D software, which is popularly used in architectural problem-solving and virtual tourism. For example, architects can take a project which has upwards of 600 computer aided design (CAD) drawings and compile them using Vizerra’s software to quickly create a 3D rendering. Vizerra prides itself on the time saved using their product.
“A scene which was made in [Vizerra competitor Revit] was rendered as 19 second video in five days,” said founder and chief executive Arman Gukasyan. “Our algorithm transferred the same scene, but into an interactive mode where you can navigate yourself, within minutes.”