Madefire Completes Series B Round; Launches First Comics in VR

Palo Alto – October 11, 2016 – Cooley advised Madefire on its $6.5 million Series B funding round. Investors included Plus Capital, Kevin Spacey, Drake, True Ventures, Big Loud Capital, Anthem Ventures and Framestore Ventures. 

Madefire is a media and technology company that provides creators and publishers of visual books with a cutting-edge publishing platform that enables a digital-first approach to publishing content. 

According to Madefire’s press release, it will use the funding to support its expansion to new platforms, including virtual reality. On October 6, the company launched the Madefire preview app for Samsung Gear VR, powered by Oculus. The preview app showcases Motion Books in VR, an example of which can be seen below.

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