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Envelop VR adds Google Ventures to $5.5 million round for enterprise virtual reality

  • Posted byby Dean Takahashi
  • Updated
  • 2 min

Envelop VR, which is creating virtual reality software for enterprises, has closed its Series A round of $5.5 million.

The newest investor in this round is Google Ventures, which recently branded as GV. Envelop VR previously announced the initial investors in the round, which was led by Madrona Venture Group. The deal shows that VR — expected to become a $30 billion market by 2020, according to tech advisor Digi-Capital — continues to be a hot market for investors.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.