3Di raises 120M yen from NTT IP and HI /Venture Now

NTT Investment Partners will invest around 100 million yen. The venture capital arm of NTT group said that it decided the additional investment aiming to accelerate business utilizing Flash-based virtual reality.

With the fundraising, a holding share of ngi group decreases from 60% to 33.5%. 3Di will use the capital for research and development for Avatar Communication Platform, a new business replacing 3Di OpenSim. The service is based on revenue share model, the beta version of which has been adopted by Rakuten Blog last year.

Venture Now 3/28/2011


memo

• 3Di was founded by ngi group in 2007. NTT IP has invested about 200M yen in 3Di on 2009 September.