Here Be Dragons Raises $10 Million

Entertainment startup Here Be Dragons just closed $10 million in Series A financing. Three investors participated in the round, among them Discovery Communications.

Here Be Dragons (formerly Vrse.works) is a specialized production company that supports the world’s leading creative innovators in virtual reality spherical filmmaking. The Here Be Dragons collective uses custom-built tools and proprietary technology to craft and curate original immersive experiences. The company has earned numerous prizes, including Emmys, Cannes Lions, Grand Prixes, Palm d’Ors, AICP, D&AD, One Show, ADC, Tony Awards, Webby Awards, and a Grammy.

According to the company, the Series A raise will go toward building out some divisions within the studio, with a particular focus on creative development.