Virtual reality firm Jaunt gets Disney backing

Marco della Cava | USA TODAY

SAN FRANCISCO — Virtual reality content company Jaunt has just topped $100 million in funding thanks to help from a Hollywood heavy hitter: The Walt Disney Company.

Jaunt announced its $65 million Series C round Monday, led by Disney and featuring participation from China Media Capital and Evolution Media Partners. Past investors include Google Ventures and Redpoint Ventures.

The company, which is based in Palo Alto, Calif., and recently opened production studios in Los Angeles, will use the cash to scale its VR cameras and facilities, as well as add staff in both locations.

“This round further illustrates our commitment and dedication to advancing the scope of cinematic VR for filmmakers, storytellers and audiences alike,” Jaunt CEO and co-founder Jens Christensen said in a statement. “With the support of these world-class companies, we will explore new avenues, building on our leadership position to deliver amazing VR experiences using best-in-class tools, technology, and creative teams.”

Kevin Mayer, Disney's senior executive vice president and chief strategy officer, added that as a "true leader in the field of cinematic virtual virtual reality, (Jaunt offers access to) an emerging medium with incredible potential across all sectors of entertainment."