Talespin Raises $20 Million For Its VR Employee Training Program

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

Promotional image of Talespin's VR Employee Training Program.
Courtesy of Talespin
Talespin, a Culver City-based startup that deploys virtual reality to help companies train their employees, has raised $20 million in fresh funding, it announced Thursday.

The Series C funding round was co-led by Australia-based SEEK Investments and Los Angeles-based Allomer Capital. Pearson Ventures, Accenture Ventures, Go1 and Sony Innovation Fund also participated in the round.

Founded in 2015, Talespin’s platform allows employers to create a variety of virtual workplace training scenarios—using 3D virtual humans to help employees practice conversational skills and simulate tasks. The company went viral several years ago thanks to a virtual demo that depicted the firing of a worker named Barry.

The platform has only grown more viable amid a post-pandemic shift to remote work that has forced companies to increasingly digitize their operations. Talespin counts Accenture, AIA and Farmers Insurance among its customers.

The startup’s technology has also grown in relevance with the emergence of the metaverse, which has prompted organizations to more seriously explore virtual means of conducting business.

“Our new funding and investor relationships will help us further scale this platform, and realize our broader company vision for learning in the metaverse,” Talespin co-founder and CEO Kyle Jackson said in a statement.

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Meet HeyPal, the Language App Using Social Media Influencers To Spread the Word

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Meet HeyPal, the Language App Using Social Media Influencers To Spread the Word
Photo courtesy of HeyPal

Katy Johnson, a reality TV star and globe-trotting travel blogger, has lately offered some advice to her more than 100,000 Instagram followers.

“I urge you to learn a new language,” the model has told her fans, noting how locals in the foreign countries she has visited appreciate the effort. “It’s essential to be able to connect with people as much as possible while I travel,” she wrote in another post last month. Johnson, a former contestant on the TV show “Joe Millionaire,” has repeatedly suggested one particular way to study a new language: HeyPal, a one-year-old language-learning app.

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TikTok Parent ByteDance Eclipses $1B in Mobile Games Sales

Kristin Snyder

Kristin Snyder is an editorial intern for dot.la. She previously interned with Tiger Oak Media and led the arts section for UCLA's Daily Bruin.

TikTok Parent ByteDance Eclipses $1B in Mobile Games Sales
Photo by Solen Feyissa on Unsplash

TikTok parent company ByteDance’s big bet on mobile gaming is paying off.

The Chinese tech giant’s growing portfolio of mobile games has brought in more than $1 billion in revenue over the past 12 months, according to a report by data analytics company Sensor Tower, which examined player spending from Apple’s App Store and Google Play dating back to June 2021.

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Netflix Turns To Asia To Boost Its Stalled Subscriber Growth

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Netflix Turns To Asia To Boost Its Stalled Subscriber Growth

Netflix will invest more in Asia in a bid to revive its sluggish subscriber growth, betting on the lone region where the company added customers during an otherwise disappointing first quarter.

Bloomberg reported Monday that the streaming giant will grow its investment in Asia despite plans to reign in spending overall across the company. That will include financing the production of local films and series for that market, Tony Zameczkowski, Netflix’s vice president of business development for Asia Pacific, told the news outlet.

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