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Rylo scores $20 million for its clever camera tech

You may recall Rylo from this time last year, when the imaging startup launched a creative take on the 360 camera. The company’s been fairly quiet in the six months since it launched some new software tricks, but a new round of funding should help the company take some key steps toward spreading the gospel.

This week, Rylo announced that it has secured a $20 million Series B, led by Icon Ventures. That brings its total up to $35 million, with help from Accel Partners and Sequoia Capital. Plans for the funding are pretty much what you’d expect.

“Securing Series B funding from this excellent group of investors will allow us to maximize our potential for growth and earn significantly more market share,” CEO Alex Karpenko said in a release tied to the news. “We have come a long way since our launch one year ago, and I’m excited to continue to drive Rylo’s growth through investments in marketing, sales and retail partnerships in the coming year.”

Rylo’s camera represents an interesting piece of tech that utilizes 360 videos to create some unorthodox camera tricks, like stabilizing images, following subjects and creating a number of interesting effects. The product also has solid distribution with more than 500 retail locations in the U.S., including Best Buy.

Marketing, however, is going to be key for the success of the $499 camera, whose initial appeal is not as immediately apparent as the likes of GoPro.

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Twitter introduces 360-degree video live streaming

twitter-140-media Twitter is taking another step into getting into live video by introducing 360-degree live streams through Periscope. Anyone on Twitter and Periscope can watch 360-degree live video, though currently only select partners can go live in 360 via Periscope, the company announced in a blog post. While it’s only available for a limited number of partners for now, it makes sense that Twitter… Read More

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Facebook shows commitment to video with new 360 video stabilization

04 New Facebook Stabilization Algorithm Steps With new 360 video cameras hitting the shelves — alongside matching headsets — in time for the holiday season, millions of new users will be looking to consume VR content. Facebook recognizes that one of the biggest impediments to the enjoyment of 360 video is excess motion.
The company released a demo today of its new 360 video stabilization technology. The new technology… Read More

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Facebook’s Engineering Wizardry Makes Even VR Videos Load Fast

Facebook Pyramid VR How did Facebook go from 1 billion to 8 billion videos views per day in 18 months without the whole server farm catching fire? It’s called SVE, short for streaming video engine. SVE lets Facebook slice videos into little chunks, cutting the delay from upload to viewing by 10X. And to ensure the next generation of 360 and virtual reality videos load fast too, it’s invented and… Read More

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