Gearing Up to Live More Virtually

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By Michael Inouye | 1Q 2021 | IN-6038

 

CommonGround and Rec Room Gain New Funding and AWS re:Invent Fuels the Imagination

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CommonGround, currently a stealth startup company hoping to redefine online communication, recently secured US$19 million in funding (Matrix Partners, Grove Ventures, and StageOne Ventures). As stated by the company, its goal is to “develop collaboration that’s better than face to face”—lofty goals indeed, and while there is very little known about how the company intends to accomplish this feat, the founders (Amir Bassan-Eskenazi and Ran Oz) have a solid track record within the video industry, founding other startups including BigBand Networks (video, voice, and data solutions to cable operators, acquired by Arris/CommScope), Optibase (digital compression technology company), and VCON (video conferencing over IP). The team that CommonGround has assembled, with expertise in computer vision, 3D graphics, AI/ML, and real-time video compression, along with the company’s term &ld...

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