3D Web Creation Tool developer Goo Technologies Announces $2.2M Investment Round

Stockholm, Sweden, January 2015 – For Immediate Release

Goo Technologies is today announcing the closing of a $2.2M investment round with investors MOOR and GP Bullhound’s Sidecar Fund. The injection of capital will be used to initiate an expansion into North America as well as the continued development of the Goo Create product: The first artist-friendly tool for interactive 3D content production.

“When people experience our tech for the first time, they are blown away that what we’re doing is even possible. It’s truly next-generation stuff delivered today” says Goo CEO Ola de Freitas. “We are thrilled that MOOR and GP Bullhound’s Sidecar Fund share our vision of where interactive 3D web content is headed” he concludes.

Goo Create is a cloud-based content-creation tool that enables its users to author interactive experiences leveraging the power of HTML5 and WebGL, two of the strongest growing technologies on the web today. Currently Goo Create is being used to redefine online display advertising with fully interactive banners and campaigns in glorious 3D. So far, the pilot advertising projects have resulted in impressive innovative campaigns with excellent performance metrics, and user engagement.

About Goo Technologies

Goo Technologies was founded in Stockholm, Sweden, back in 2012 with the goal of revolutionizing the web experience through interactive 3D graphics. Building on a decade of experience with 3D graphics the talented development team has created the interactive graphics engine Goo Engine® and the content creation tool Goo Create®, leveraging the power of WebGL, to realize this vision.

To sign up for the tool visit app.goocreate.com
For more information on the company visit www.gootechnologies.com or contact info@gootechnologies.com

About MOOR

MOOR is the venture investment firm of serial entrepreneur Kaj Hed, who founded Trema and is the majority owner of Rovio Entertainment, creators of the Angry Birds mega brand. MOOR is based in Stockholm, Sweden and is focused on companies within the digital space, poised for global opportunity. MOOR is an active investor that uses its broad network and experience to add value as it supports its portfolio teams. Visit www.moorcap.com for more information.

About GP Bullhound’s Sidecar Fund

GP Bullhound Sidecar is the independent investment arm of GP Bullhound. For more information please visit www.gpbullhound.com