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CommonGround Raises $25 Million for Immersive Video Avatar Technology Not Requiring Virtual Reality Gear

As the world’s largest tech companies, like Meta (formerly Facebook), continue to push the boundaries of mixed reality, a startup in this vast ecosystem is taking a significant step towards making one aspect of the metaverse vision a reality – how we ourselves appear. CommonGround, an Israeli/Silicon Valley startup that has built cutting-edge technology for creating responsive, real-time three-dimensional avatars using smartphone scans, is announcing its beta launch and $25 million funding round.

A Glimpse into the Future: Avatars in Remote Meetings

Imagine a world where videoconferencing goes beyond 2D to a more immersive experience – one that’s closer to face-to-face interactions. CommonGround‘s live avatar technology makes this vision a reality, enabling individuals to participate in remote meetings with an unprecedented level of engagement.

The Numbers Speak for Themselves

  • With the increasing popularity of videoconferencing, the numbers of calls made with cameras turned off due to lack of presentability or suitable environment are staggering.
  • CommonGround‘s technology offers a solution by allowing individuals to maintain their privacy while still making eye contact and responding to others in virtual environments.

Investors See Potential

Despite the challenges, investors have taken notice of CommonGround‘s potential. With founders who have started seven companies, had three IPOs, two exits, and won two Emmy awards for streaming technology, the startup’s pedigree is undeniable. Artificial intelligence technology with multipurpose potential at the end of the day.

A Step Towards a More Immersive Future

While VR headsets are being touted as the answer to more immersive virtual meetings, CommonGround‘s live avatar technology offers an alternative solution that’s both scalable and user-friendly. Whether this vision catches on with businesses remains to be seen, but one thing is certain – investors are placing their bets.

Key Points:

  • CommonGround is announcing its beta launch of live avatar technology for remote meetings.
  • The startup has secured $25 million in funding.
  • Founders have a proven track record of innovation and success.
  • AI technology with multipurpose potential is at the forefront of this vision.

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