COLUMBIA, S.C., July 23, 2015 /PRNewswire/ -- ZVerse,
leading developers of 3D content creation applications for full
color 3D printing, today announced a strategic partnership and
commercial agreement with 3D Systems (NYSE: DDD) to advance
applications and market opportunities for full color 3D
printing.
As part of the agreement, ZVerse and 3D Systems will co-develop
ZVerse's patent pending post processing technology for producing
high gloss and moisture resistant full color 3D printed
products. In addition, the companies will collaborate on
development and marketing of 3D Systems' Photobooth
technology using ZVerse's licensed content and distribution
channels.
"We are pleased to partner with ZVerse, combining our technology
and engineering expertise with their deep experience in application
development and content creation to advance full color 3D
printing," said Rajeev Kulkarni,
Chief Product Officer, 3D Systems. "We are excited to
leverage their process know-how and expansive distribution network
to expand content and coverage for our Photobooth technology."
In addition to the partnership, ZVerse announced that it has
closed on a $3.5 million Series A funding round from Mosley
Ventures, Capital A Partners and strategic investors. Top
regional entrepreneurial angel investors in earlier rounds,
Walter Alessandrini and Scot Wingo, participated in the Series A round,
also. Wei-Chun Tai, of Mosley
Ventures, joins the ZVerse board.
The funding will be used to grow the company's leadership
position in full color 3D printing applications for licensed
content of major brands and to commercialize ZVerse's proprietary
B2B 3D content creation platform, LAYR.
"The ZVerse software platform is core to unlocking 2D image
content for 3D printing. We believe ZVerse is uniquely positioned
to help solve 3D printing's content problem as the 3D printing
market trends towards exponential growth," says Wei-Chun Tai.
LAYR enables any business to take advantage of the benefits of
3D printing and, as a result, helps expand the reach of 3D printing
into new markets.
"The strategic relationship with 3D Systems and the completion
of our Series A funding gives ZVerse the resources and expertise to
continue our leadership position in the full color 3D printed
content arena," said John
Carrington, Co-Founder & CEO, ZVerse.
"Additionally, we are seeing strong inbound demand for our
underlying 3D content creation and management platform for 3D
printing, LAYR. We look forward to exploring this opportunity
as well as our direct-to-consumer model with major brands."
About ZVerse
ZVerse develops 3D content creation and production applications
for 3D printing. Applications powered by Layr from ZVerse
have been used by Fortune 100 companies and small businesses
alike. Companies trust ZVerse to extend their brand with 3D
print technology. ZVerse is licensed with over 36 collegiate
organizations, including the University of Notre Dame and
University of Oregon, to produce full
color 3D printed sports memorabilia. ZVerse maintains the
largest library of officially licensed 3D printable content for the
sports industry worldwide. Founded in April 2013, ZVerse is headquartered in
Columbia, SC.
More information is available at www.zverse.com or email
info@zverse.com, 803-764-0353.
About Mosley Ventures
Mosley Ventures is a venture capital fund investing in early
stage technology startups in Atlanta and the Southeast. We primarily invest
in the following sectors – security software, mobility and
wireless, big data and healthcare IT. Sig Mosley is the Managing
Partner of Mosley Ventures. Since 1990, Sig has been the most
prolific southeast investor in 122 startups with 83 liquidity
events. Sig is currently the record holder of the largest southeast
venture deal with the $5.7 billion
acquisition of Tradex by Ariba.
http://www.mosleyventures.com/
About Capital A Partners
Captial A Partners is based in Charleston, SC and invests in early stage
companies in the southeastern United
States. "Cap A" also invests in Nordic-based companies
out of its Stockholm, Sweden
office. The fund invests in a variety of sectors including
technology, consumer products, healthcare, materials technologies
and cleantech.
http://www.capitalapartners.com/
About 3D Systems
3D Systems provides the most advanced and comprehensive 3D
digital design and fabrication solutions available today, including
3D printers, print materials and cloud-sourced custom parts. Its
powerful ecosystem transforms entire industries by empowering
professionals and consumers everywhere to bring their ideas to life
using its vast material selection, including plastics, metals,
ceramics and edibles. 3DS' leading personalized medicine
capabilities save lives and include end-to-end simulation, training
and planning, and printing of surgical instruments and devices for
personalized surgery and patient specific medical and dental
devices. Its democratized 3D digital design, fabrication and
inspection products provide seamless interoperability and
incorporate the latest immersive computing technologies. 3DS'
products and services disrupt traditional methods, deliver improved
results and empower its customers to manufacture the future
now.
Leadership Through Innovation and Technology
- 3DS invented 3D printing with its Stereolithography (SLA)
printer and was the first to commercialize it in 1989.
- 3DS invented Selective Laser Sintering (SLS) printing and was
the first to commercialize it in 1992.
- 3DS invented the ColorJet Printing (CJP) class of 3D printers
and was the first to commercialize 3D powder-based systems in
1994.
- 3DS invented MultiJet Printing (MJP) printers and was the first
to commercialize it in 1996.
- 3DS pioneered virtual surgical simulation (VSS™)
and virtual surgical planning (VSP®), and its leading 3D healthcare
products and services help doctors achieve better patient
outcomes.
Today its comprehensive range of 3D printers is the industry's
benchmark for production-grade manufacturing in aerospace,
automotive, patient specific medical device and a variety of
consumer, electronic and fashion accessories.
More information on the company is available at
www.3dsystems.com.
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SOURCE ZVerse, Inc.