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NextVR

NextVR is the industry leader in producing live virtual reality broadcasts of professional sports, music, and more. In 2016, the company scored a major deal, teaming with Turner and NBA Digital for a weekly live VR broadcast of an NBA game for the entire 2016-2017 season. It also works with Major League Baseball, the NFL, and a growing roster of others.

The seven-year-old company is based in Laguna Beach, California, and has raised $115 million in venture capital to date. Led by CEO David Cole, the 30-person company developed the cameras, the processing technology, and the distribution system. While the private company is not sharing many financial details, Owler estimates its revenues at around $8.2 million. 

50 Most Innovative Companies 2017

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