Paz Weissman, The Marker (4 Aug 2009)


Revolver, a start-up company and graduate of Maayan Ventures Incubator, has signed an investment agreement for $420K according to a $4M valuation. Revovler develops solution for creating and displaying 3D content on the internet, and other platforms with limited computation resources such as mobile phones and PDAs. The investment came from new and existing investors, among which are Maayan Ventures, who will invest about $50K. In addition, the agreement allows Revolver to increase the investment to up to $1M in the consecutive 4 months following the initial investment date, in the same investment conditions.

Revovler’s flagship product, FreeSpin3D, is based on the Company’s core technology, OneLayer3D, that enables the creation and display of 3D content on devices that lack computation resources such as a strong graphic processor (CPU). Using Revolver’s technology, games and movies can be transferred to these devices. Revolver began sales in Jan 2009. 

Revolver was founded in 2004 by Amir Fischer and has raised $5.2M to date from Maayan Ventures, Arye Scope, and a group of private investors.


In other news from Revolver ...
Revolver has appointed Dave Klein as VP sales and marketing. He will be responsible for global sales and marketing of FreeSpin3D. He was the former VP of marketing at Electric Rain, a Colorado-based software company that sells multimedia creation and editing tools to business adn design professionals.