Tetavi Takes $20M From Insight Partners

Los Angeles-based Tetavi, a developer of immersive content and technology, says it has raised a $20M funding round from Insight Partners. The deal also included OurCrowd, Nimble Ventures, and others. The company, led by CEO Gilad Talmon, develops technology it says allows for "highly reproducible holograms" which are being aimed at immersive media, games and virtual content. Tetavi says the funding will go towards to significantly increase its presence in North America, expanding its partnerships, brand awareness, and immersive content platform across the U.S. with specific locations in Los Angeles and New York, including opening up a new studio in Los Angeles.