Immersive, 3D platform sees exponential growth as businesses navigate the new remote world
SAN DIEGO — Aug. 6, 2020 – VirBELA, an immersive technology platform that’s redefining the future of business, events and education, today announced exponential growth and momentum in the second quarter of 2020. Backed by a billion-dollar public parent company, eXp World Holdings, VirBELA has seen a 260% increase in revenue in the second quarter of 2020 compared to the first quarter of 2020, more than a five times increase in monthly active users and six times increase in new users. In addition, VirBELA has grown from 20 to 105 employees in the first half of 2020 and introduced several new product features to meet a demand surge from organizations looking to scale their business in an increasingly remote world.
“VirBELA was developed to revolutionize the way people learn and collaborate together, while apart,” says Alex Howland, VirBELA president and co-founder. “While we never could have predicted the COVID-19 pandemic, now more than ever, there is a crucial need for a solution that is going to enable organizations worldwide to bring together remote teams in virtual settings to learn, work and socialize. This moment in time will forever alter how we approach connection and aspects of life moving forward, and VirBELA is at the forefront.”
Work, education and events are all thriving in virtual worlds
Since the start of the pandemic, VirBELA has seen an increase in demand for virtual events and collaborative spaces for remote teams, and, as a result, introduced several new products and features, including:
- Expo Hall – VirBELA’s Expo Hall is a modern business meeting and event facility that gives event attendees an impressive 3D virtual experience, complete with a lobby, socialization space and exhibitor floor.
- Concert Stage for Virtual Entertainment – In partnership with Event Farm, VirBELA added multiple music stages to host a wide variety of social events like comedy shows and concerts.
- VR Support – VirBELA has early VR support, and users with an Oculus Rift or HTC Vive can now access the platform.
- Screen Sharing and Video Chat – Users can now easily share a webcam or screen without the use of third-party applications, which gives users an opportunity to speak or give presentations “face to face” on VirBELA.
With more employees working from home full time, companies are turning to VirBELA to build their own virtual campuses and office spaces to help teams connect and build community. HTC recently partnered with VirBELA to introdu