Overview

Update
Total Equity Funding
$7M in 1 Round from 2 Investors
Most Recent Funding
$7M Venture on November 28, 2007
Headquarters:
Palo Alto, CA
Description:
Qwaq develops enterprise apps that consist of 3D virtual workspace environments for real-time collaboration and conferencing activities.
Categories:
Enterprise Software
Website:
http://www.qwaq.com
Social:

Company Details

Update

Qwaq was renamed to Teleplace and is now 3D Immersive Collaboration Consulting. See www.3dicc.com.

Qwaq is a company building enterprise applications that use 3D virtual environments for realtime collaboration and conferencing. Qwaq's flagship product, Qwaq forums, includes built-in voice communication and text chat, as well as the ability for users to share existing applications. The underlying system is built on top of Croquet, an open source 3D space system manager.

Users begin as they enter a virtual room, occupied by other users and objects like tables and posters on the walls. Many of those objects are standard desktop items -- a poster on the wall, for example, might be a Word document or Excel spreadsheet. When users click on the poster from "across" the room, or access it via keyboard shortcut, it expands to fill up their screen. In addition to chatting with the other users, users can add or subtract objects, or move through different rooms as desired. Qwaq Forums is designed for business computers, which tend to be less powerful than home computers.

France based Tixeo, is another start-up focused on the same market. A slew of other companies offering tools to set up and collaborate in virtual worlds include Second Life, VastPark, ProtonMedia, Forterra Systems, and Multiverse.

Funding Rounds (1) - $7M

Update
DateAmount / RoundValuationLead InvestorInvestors
Nov, 2007$7M / Venture2

Investors (2)

InvestorRound(s)Partner(s)
Venture (Lead)-
Venture (Lead)-

Board Members and Advisors (1)

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Products (1)

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Competitors (1)

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  • Creates platforms that empower people to create, share, and monetize their own virtual experiences

Offices/Locations (1)

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  • HQ

    460 S. California Avenue

    Suite 304

    Palo Alto, CA 94306

    USA

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