BSkyB invests in California based start-up Jaunt

British Sky Broadcasting (BSkyB) has made a $350,000 equity investment in Jaunt, an early-stage technology company based in Palo Alto, California.

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British Sky Broadcasting (BSkyB) has made a $350,000 equity investment in Jaunt, an early-stage technology company based in Palo Alto, California.

The investment hopes to give BSkyB “additional insight” into Jaunt's innovative video capture and display technology.

Jaunt's LinkedIn page describes its technology as a “revolutionary new way to experience the world”.

It adds: “Jaunt's technology combines computational photography, statistical algorithms, massively parallel processing, cutting-edge hardware and virtual reality.”

The company also states that it is looking for world-class talent to join its team to “help define the future of immerse media”.

The news follows BSkyB's investment, along with Hearst Corporation and News Corporation, in TV streaming platform Roku. The companies invested $60 million in Roku in May this year.