Ziva Dynamics Inc.
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Ziva Dynamics Inc. - overview
Established
2015
Location
Vancouver, BC, Canada
Primary Industry
Software
About
Ziva Dynamics Inc. specializes in creating advanced digital solutions for character simulation, aimed at enhancing realism in animated content through innovative technology and tools. Founded in 2015 by James Jacobs and Jernej Barbič, Ziva Dynamics Inc. operates from Vancouver, Canada.
The company focuses on character simulation software and was acquired by Unity Technologies, Inc. in January 2022 from its previous investors Grishin Robotics, Millennium Technology Value Partners, and Toyota Ventures. The latest funding round was a Seed round in which they raised CAD 9. 800 mn, which is the total amount raised to date.
Ziva Dynamics offers a suite of products designed for high-end character simulation, enabling creators to develop lifelike digital characters for various applications, including film, gaming, and virtual reality. Their pioneering software is utilized by professionals in the animation industry to achieve realistic muscle and skin deformation, catering to studios and independent developers alike, thus addressing diverse needs in character creation and production. Ziva Dynamics operates on a subscription-based revenue model, providing various pricing options tailored for individual users and enterprise customers. Revenue is generated through direct subscriptions for their character simulation software, along with additional services that enhance operational capabilities for users, ensuring efficient project development and maximizing return on investment.
Following their acquisition by Unity Technologies, Ziva Dynamics plans to leverage the recent funding from the Seed round to further develop their character simulation technology and expand their product offerings. They are targeting growth in key markets, particularly within the gaming and film industries, with a focus on global expansion into Europe and Asia by 2024. The funding will support product development initiatives, enhancing their platform's capabilities for creating realistic characters and animations.
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Multimedia & Graphics
Website
www.zivadynamics.com
Verticals
Artificial Intelligence, Virtual Reality (VR)
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Ziva Dynamics 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | Ziva Dynamics Inc. | - |
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