

Broadcasting Startup NextVR Grabs $80 Million in Funding
A syndicate of Asian technology companies and investment funds are pouring money into a Laguna Beach, Calif., company that broadcasts events live in virtual reality. NextVR Inc. has raised $80 million in Series B funding to expand its platform that has broadcast events, including a Coldplay concert, presidential debates and the Kentucky Derby, in virtual reality. As startups seek to make content for the nascent virtual-reality industry, corporate investors—especially from Chi