Digital Domain 3.0, Inc.
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Digital Domain 3.0, Inc. - overview
Established
1993
Location
Los Angeles, CA, US
Primary Industry
Software
About
Digital Domain 3. 0, Inc. is a US-based company specializing in visual effects and digital content creation, delivering innovative solutions for film, television, and advertising sectors. Digital Domain 3.
0, Inc. was founded in 1993 in Los Angeles, US, focusing on providing visual effects and digital content creation services. The firm raised HKD 190. 51 mn in its most recent PIPE funding round on November 18, 2011, with investors including Citic Group, SoftBank China Capital, and Zheng Hao Investments Limited.
The company has completed a total of 8 deals to date. Daniel White is the founder, while Kirk Seakosh currently serves as CEO. Digital Domain is a prominent provider of visual effects (VFX) and digital content creation, specializing in high-quality services for film, episodic television, commercials, and advanced digital human representations. The company's offerings include VFX, animation, and virtual production technologies designed to enhance storytelling experiences in the entertainment industry.
Their services are utilized by major studios and production companies, while innovations like digital human technology allow for realistic character representations across various media formats. In the most recent year, 2021, Digital Domain reported a revenue of USD 111. 19 mn, with an EBITDA of USD -84. 79 mn.
The company generates revenue through project-based contracts and partnerships with leading firms, focusing on B2B transactions that involve tailored VFX solutions for specific client needs. Digital Domain aims to expand its product offerings, particularly in advanced digital human technologies, with planned launches in the upcoming year. The company is targeting growth in international markets, specifically in Europe and Asia, by the end of 2023. Funding from the recent PIPE round will play a crucial role in supporting these expansion initiatives, allowing the company to enhance its service capabilities and invest in new technologies.
Current Investors
SB China Venture Capital, Citic Group, Zheng Hao Investments Limited
Primary Industry
Software
Sub Industries
Marketing/Advertising, Multimedia & Graphics, Gaming, Digital Media
Website
www.digitaldomain.com/
Verticals
Augmented Reality (AR), Cloud Computing, Virtual Reality (VR)
Company Stage
Mature
Total Amount Raised
Subscriber access only
Digital Domain 3.0, Inc. - timeline of key events
Digital Domain 3.0, Inc. - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 139,390,000 | 184,457,000 | 467,311,000 | 849,952,000 | 527,341,000 | 763,501,000 | 703,004,000 | 600,679,000 | - | - | - |
| % Revenue Growth (YoY) | - | 32.3% | 153.3% | 81.9% | (38.0%) | 44.8% | (7.9%) | (14.6%) | - | - | - |
| EBITDA (USD) | 4,854,000 | 6,937,000 | (149,745,000) | 159,030,000 | (81,539,000) | (399,560,000) | (462,731,000) | (367,740,000) | - | - | - |
| Operating Income (USD) | 4,403,000 | 6,578,000 | (253,681,000) | 71,382,000 | (134,299,000) | (447,561,000) | (522,950,000) | (518,641,000) | - | - | - |
| Operating Margin | 3.2% | 3.6% | (54.3%) | 8.4% | (25.5%) | (58.6%) | (74.4%) | (86.3%) | - | - | - |
| % EBITDA Margin | 3.5% | 3.8% | (32.0%) | 18.7% | (15.5%) | (52.3%) | (65.8%) | (61.2%) | - | - | - |
| NET Income (USD) | 1,734,000 | 6,218,000 | (265,788,000) | 33,481,000 | (179,507,000) | (498,380,000) | (544,141,000) | (525,497,000) | - | - | - |
| % Net Margin | 1.2% | 3.4% | (56.9%) | 3.9% | (34.0%) | (65.3%) | (77.4%) | (87.5%) | - | - | - |
Digital Domain 3.0, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcy/Write-off | Completed | Digital Domain 3.0, Inc. | - | ||||||||
| Private Debt | Completed | Digital Domain 3.0, Inc. | - | ||||||||
| IPO | Completed | Digital Domain 3.0, Inc. | - | ||||||||
| Growth | Completed | Digital Domain 3.0, Inc. | - |
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Digital Domain 3.0, Inc. - employee data
Digital Domain 3.0, Inc. - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Board Director | BM |
BM Board Member
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