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CommonGround raises $45 Million for Video Avatar Tech

CommonGround

CommonGround

CommonGround, an Israeli startup that provides a new 3D video platform, raised an additional $25 million bringing its total funding to nearly $45 million to date.

Founded in 2019 by serial entrepreneurs Amir Bassan-Eskenazi and Ran Oz, who between them have founded seven companies, with three successful IPOs, two M&As, and two Emmy awards for technology, CommonGround is a startup providing real time software solutions for what the company boasts is an unprecedented level of human interaction over digital. The Company is led by successful entrepreneurs with three IPOs, two M&As, two technical Emmy awards, and over a billion dollars of category defining product revenues between them. Backed by top tier VCs, CommonGround boasts that it has brought together the “best of the best” in computer vision, 3D graphics, AI, deep learning, and real-time video compression to deliver on the vision of communications reinvented.

“What everyone learned during the pandemic was that online meetings are necessary, but they fall short compared to face-to-face meetings. Today’s virtual meeting solutions leave us feeling disconnected and rarely valued, understood, or heard,” said Amir Bassan-Eskenazi, CEO and Co-Founder of CommonGround. “CommonGround is creating a new way to meet online where you can sit across a table, look into people’s eyes, see, and be seen. We believe, using hyper-realistic avatars as part of an immersive experience, we can make online interactions even better than face-to-face meetings.”

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Unlike other virtual environments, CommonGround’s patented AI, with three years in the making, provides a powerful, immersive, and secure 3D experience with hyper-realistic user representations that deliver an unparalleled sense of presence and emotional connection. This allows participants to establish eye contact, communicate through nonverbal body language, and be seen as their full, true self – seated among colleagues in a virtual room, face to face, rather than being another blankly staring face in a sea of squares.

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