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Westmount to Lead $10 Million Fairness Increase for Ozone as Robin Riley Joins as CEO
TORONTO, Sept. 30, 2024 (GLOBE NEWSWIRE) — Westmount Capital Companions (“WCP” or the “Firm”) is happy to announce that O3 Story Applied sciences (“Ozone”) has retained it as its monetary advisor. Westmount Capital Companions will help Ozone in elevating $10 million in fairness to help its go-to-market development and AI acceleration initiatives.
Ozone, based mostly in Corona, California, is revolutionizing the animation business with its next-generation character animation expertise. With a staff of top-tier expertise from famend firms reminiscent of Pixar, Apple, and Weta Digital, Ozone’s patented expertise permits studios and creators to deploy feature-film-quality characters seamlessly throughout all media platforms in actual time. The corporate’s flagship product, Ozone Studio, is at the moment in restricted launch and is poised for common availability in early 2025.
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Based in October of 2022 with an preliminary seed funding of $5M, Ozone has since constructed an unimaginable staff and additional developed their core expertise which was used within the Netflix animated collection, Tremendous Big Robotic Brothers. Since then, whereas in Beta launch, Ozone Studio has been utilized in one other animated Netflix manufacturing launching in 2025 in addition to a number of different not but launched initiatives.
“We’re thrilled to associate with Ozone Story Tech and help their modern imaginative and prescient as they redefine the animation expertise panorama. Our expertise in capital elevating and strategic advisory might be key in serving to Ozone obtain its fundraising objectives and additional scale its groundbreaking expertise.” mentioned Alex Camus, Managing Associate at Westmount Capital Companions.
Moreover, Ozone is proud to announce the latest appointment of Robin Riley as its new Chief Government Officer. Robin brings over 20 years of management, strategic planning and organizational improvement expertise, having efficiently pushed operational effectivity and development at organizations like Mariners Church and Nortel Networks.
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Peter McGowan, Founder and President of Ozone Story Tech, commented, “With Robin’s appointment as CEO and the retention of Westmount Capital Companions, Ozone is well-positioned for the subsequent section of its development. We’re excited to have a robust management staff and monetary partnership in place as we speed up the commercialization of our expertise.”
About Westmount Capital Companions
Westmount Capital Companions Inc. is a premier monetary advisory agency specializing in capital elevating, mergers and acquisitions, and company finance options. With a dedication to operational excellence and strategic development, Westmount Capital Companions supplies distinctive advisory companies tailor-made to satisfy the evolving wants of its purchasers throughout numerous industries.
About 03 Story Applied sciences
Ozone Story Applied sciences is a cutting-edge expertise firm pioneering innovation within the animation business. With a staff of consultants from prime studios like Pixar and Apple, Ozone’s patented options allow creators to construct and deploy high-quality animated characters throughout all platforms in actual time. Ozone’s revolutionary merchandise are reshaping the way in which tales are instructed in gaming, movie, and interactive media.
For additional data contact:
Westmount Capital Companions Inc.
c/o Perley-Robertson, Hill & McDougall LLP/s.r.l.
Structure Sq., 340 Albert St #1400,
Ottawa, ON, K1R 7Y6
Consideration: Nino Silvestri, President
E-mail: nino@westmount.ventures
CONTACT Alex Camus, Managing Associate
COMPANY Westmount Capital Companions
PHONE 786-835-7342
EMAIL alex@westmount.ventures
WEB www.westmountcapitalpartners.com
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