Arthur is evaluating its series A funding options following the open beta launch of its virtual meeting and office space service, with the support of venture capital firm Draper Associates
➨ US-headquartered Arthur, with offices in California as well as Europe and South Asia, secured seed funding from venture capital partners, including Draper Associates
➨ The seed funding comes as Arthur launches an open beta version of its virtual office space service for enterprise, which combines digital meetings with the feeling of in-person presence
➨ Thanks to being built on Amazon Web Services, Arthur’s virtual office space can accommodate up to 40 participants at once, fully scalable environments
Arthur, developer of a virtual office space accessible in virtual reality via headsets or any web browser, is eyeing its next stage of growth after landing $2.5 million in seed funding.
US-headquartered Arthur, with offices in California as well as Europe and South Asia, secured the seed funding from venture capital partners, including Draper Associates. The company is evaluating its series A funding options.
The seed funding comes as Arthur launches an open beta version of its virtual office space service for enterprise, which combines digital meetings with the feeling of in-person presence.
Organisations that participated in the previous closed beta included the United Nations (UN) and financial services group Société Générale.
Arthur’s virtual office space is accessible via virtual reality headsets such as Oculus Quest 2 for full immersion, or any web browser. iOS and Google Android mobile device access is coming in the near future.
Thanks to being built on Amazon Web Services, Arthur’s virtual office space can accommodate up to 40 participants at once, in fully scalable environments.
Designed for productive remote collaboration, virtual offices and environments can be customised with standard equipment and furniture, as well as company-specific logos or gadgets, for a range of business and social activities.
The service provides true-to-life avatars, as well as teleporting to new environments and the ability to lift, scale and move objects.
A range of features enhance productivity, including spatial audio that can facilitate group workshops to whiteboards, as well as virtual monitors, comprehensive file integration systems, presentations, and internet browsers.
Arthur says data security is paramount, so its software uses end-to-end encryption and other important measures to protect users.
Christoph Fleischmann, founder and chief executive officer of Arthur, describes the virtual office spaces provided by the service as “infinitely large, carbon dioxide-neutral, and physically close to everyone”, as well as “infinitely safer” for workers amid the Covid-19 pandemic.
He continues: “Arthur enables remote collaboration without reducing the ability to be creative or efficient with your colleagues, while simultaneously elevating productivity to a whole new level through the company’s advanced technology and intuitive user interface.”
Frank Burkhardt of Société Générale is impressed with the “vast virtual spaces” and their ability to “enable us to dive deep into our analysis and provide our clients with more context”.
Andreas Klemmer, director of training for the International Training Centre of the UN’s International Labour Organization, adds: “Our team has used Arthur and its VR workshop and seminar capabilities successfully across multiple geographies and organisations within the United Nations.”
“We can work together with multiple teams across the world and collaborate and innovate in ways we never thought previously possible. This technology is truly a paradigm shift for engaging, high quality work and allows us to deliver great results to all our stakeholders without any geographical limits.”
Images: courtesy of Arthur