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Jaunt Acquired By Verizon

Jaunt, a developer of virtual reality technology, software, and apps--which previously had its virtual reality content development efforts based here in Los Angeles--has been acquired by Verizon, the companies said today. Financial terms of the acquisition were not announced. According to Jaunt, Verizon has acquired Jaunt's software and technology, among other assets. Jaunt was founded in 2013. Jaunt had raised around $100M in total funding from such investors as Disney, GV, and Redpoint Ventures.