Jaunt receives $65 million to help make virtual reality movies

Newsbrief: Virtual reality outfit Jaunt, a startup founded in 2013 that develops tools and software designed to push the boundaries of cinematic VR, has received $65 million in funding.

This isn't the first time Jaunt has grabbed the attention of investors, with the company raising $6.8 million back in April 2014 to help it deal with the challenges of creating virtual reality cinema.

According to Jaunt CEO and co-founder, Jens Christensen, the new funding round, led by the likes of Disney and Evolution Media Partners, illustrates the company's "commitment and dedication to advancing the scope of cinematic VR – for filmmakers, storytellers, and audiences alike."