WorldViz uses projectors to deliver a "cave-like" virtual-reality experience.
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Intel’s latest investment could make holodeck-like experiences a reality

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

The company whose tech can make “virtual reality caves” has one of tech’s biggest names behind it.

WorldViz, a maker of virtual reality tools for enterprises, has received a first round of funding from Intel Capital. The money will help the Santa Barbara, Calif.-based company capitalize on a renewed interest in virtual reality thanks to Facebook’s $2 billion purchase of Oculus VR. Virtual reality, which immerses you in a virtual world, and its cousin augmented reality (which overlays animations on the real world via special glasses), could lead to a $150 billion market by 2020, according to market adviser Digi-Capital.

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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.