New Partnership to Bring Essential 3D Visualization and Communication Tools into One Software Platform; Joint Development Underway

Autodesk University 2016, LAS VEGAS, NV – November 15, 2016 – Today, Chaos Group, a world leader in computer graphics technology, and CL3VER, an award-winning Barcelona-based start-up, announced a strategic partnership, aimed at building the world’s most powerful interactive 3D visualization and communication platform for the AEC and design industries. To support the partnership, Chaos Group has invested €2 million in CL3VER, which is set to debut a new line of real-time mobile, web and VR applications next spring.

CL3VER’s cloud-based tools can turn designs into interactive 3D presentations that help users speed up projects, improve collaboration and shorten the customer feedback loop. The partnership’s first mission will be to connect V-Ray, an industry-standard rendering technology used by 92 of the top 100 architecture firms, to CL3VER’s interactive presentation platform. With V-Ray rendering on board, the presentations will become even more realistic, enabling faster design decisions and better visualizations.

The investment sees Peter Mitev, CEO of Chaos Group joining the CL3VER board of directors. Spanish investment firm 101Startups present since the inception of CL3VER also stay on as shareholdersand members of the board. This investment comes after the original seed round which featured Wayra, Caixa Capital Risc and a group of Barcelona based angel investors in July 2013.

“We’re thrilled to be a part of the new era of AEC storytelling,” said Viktor Nordstrom, founder and CEO of CL3VER. “Together, Chaos Group and CL3VER will introduce a platform that puts two essential tools in one place, so designs can be presented and shared in their best form, at any stage of the process.”

Presentations have traditionally been a time-consuming part of the AEC project lifecycle, from the first conceptual designs through facilities management. While tools are available, they are often disconnected, making it a challenge to share work with others. A joint platform will remove this hurdle, bridging V-Ray’s visualization capabilities with CL3VER’s intuitive communication tools, so architects can access strong, compelling visuals on any browser or mobile device.

CL3VER’s first connection into V-Ray will be the new V-Ray 3 for Revit, a link that debuted as a demo at AIA 2016. VR compatibility is coming soon.

“What CL3VER has done for architects is really exciting,” said Peter Mitev, CEO of Chaos Group. “A simple way to communicate and share your design has been a big challenge for a long time. We look forward to helping them solve it.”

To apply for the CL3VER beta, visit: cl3ver.com/beta.

About Chaos Group

Chaos Group is a worldwide leader in computer graphics technology, helping artists and designers create photoreal imagery and animation for design, television, and feature films. Chaos Group specializes in physically-based rendering and simulation software used daily by top design studios, architectural firms, advertising agencies, and visual effects companies around the globe. Today, the company's research and development in cloud rendering, material scanning, and virtual reality is shaping the future of creative storytelling and digital design. Founded in 1997, Chaos Group is privately owned with offices in Sofia, Los Angeles, Baltimore, Seoul, and Tokyo. For more information, visit: chaosgroup.com.

About CL3VER

CL3VER is the leading provider of real-time 3D in the cloud. Through a breakthrough technology, CL3VER helps customers tap into the power of interactive 3D to communicate more efficiently on web and mobile. The “secret sauce” is the proprietary easy to use cloud platform based on leading HTML5 standards that brings 3D content to life on any device. CL3VER won the best of show at AIA Expo in 2015 and 2016 in the innovation category. For more information, visit: www.cl3ver.com

About 101 Startups

101 startups is a Barcelona based early stage investment fund started by students from Master internet Business at ISDI. The fund targets early stage technology based startups. The fund works hard to link their invested companied to the Silicon Valley. Their vision is to help entrepreneurs turn their startups into the enterprises of tomorrow. For more information, visit: www.101startups.com



Contact:

CL3VER
Barbara Haile
Email Contact
https://www.cl3ver.com/

Chaos Group
David Tracy
david.tracy@chaosgroup.com
www.chaosgroup.com