Virtual Reality

StretchSense Announces New CRO After Recent Fundraising of $7.6M

December 13, 2022 – Stretch-Sensea provider of high precision motion capture (MoCap) technology to the gaming and animation industries, announced the appointment of Chris Simard as chief revenue officer, to help further accelerate the company’s position in the motion capture market and to foster its penetration into the enterprise virtual reality (VR) and metaverse space.

StretchSense pointed out that due to shorter careers with increased complexity, companies are facing issues of needing to train employees at a faster pace in time and safety critical situations where there are money or security at stake. The company plans to address this training need by developing new solutions through its MoCap gauntlet, which it says will allow companies to safely and effectively train employees on the metaverse. .

“The StretchSense team has done an amazing job solidifying themselves as pioneers in the MoCap/VR space and I look forward to supporting their global growth,” said Simard. “Together, we will bring greater value to our games and visual effects studios by cost-effectively increasing their delivery of higher quality content, while enabling companies to create safer and more secure high-tech training environments. efficient thanks to the power of VR solutions. ”

By taking on the role of CRO for StretchSense, Simard will support the company in its efforts to continue its global expansion, including a larger US-based team, as well as building relationships within the VR/AR industry. while StretchSense aims to become a key supplier in the market.

“We are thrilled to welcome Chris to the StretchSense business as we move towards ever more natural and immersive virtual worlds,” added StretchSense CEO and Founder Ben O’Brien. “His years of market experience are the perfect complement to our leadership team and he is already driving incredible positive change across the business.”

StretchSense said Simard comes to the company with extensive experience serving a variety of customers and establishing their technology infrastructure. Simard has worked at APC and Schneider Electric in corporate leadership positions. In his most recent role before joining StretchSense, he served as Vice President of Business Operations at Ice Gen Corp.

Stretch-Sense recently finalized a US$7.6m Series A fundraising led by Scottish firm Par Equity, with participation from existing investors from StretchSense GD1, the New Zealand-based venture capital firm, and Scottish Enterprise, l National Economic Development Agency of Scotland. The company said the recent investment will help accelerate StretchSense’s global expansion plans in the development of new sensor technology that enables high-accuracy tracking in emerging applications.

To learn more about StretchSense and its premium manual motion capture solution, please visit the company’s website. website.

Image credit: StretchSense

Sam Sprigg

Sam is the founder and editor-in-chief of Auganix. With a background in research and report writing, he has been covering XR industry news for five years.

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