Upload Vr had raised a Series A round of $4.5 million led by General Catalyst, NetEase, Sparkland Capital, Unity Ventures, CRCM, GREE, Greycroft’s GC Tracker fund, Outpost Capital, David Chao and Julia Popowitz. Initially Upload Vr has raised a seed round of $1.2 Million from China’s Shanda Group as well as a number of angel investors. The company says that funding round was closed last year only.
The funding news comes out at a time when the Driector of Social media and marketing of the company has filed a lawsuit against the company over ‘rampant’ sexual behavior in the workplace and wrongful termination.
According to the lawsuit filing :
“The atmosphere and work environment at UploadVR was marked by rampant sexual behavior and focus, creating an unbearable environment for Plaintiff and other female employees.
“Defendants purposefully and expressly created a ‘boy’s club environment at work, focused on sex and degrading women, including female employees.”
“In the office, Defendants would frequently talk about how much sex they were going to have at each party, and how many girls they were going to have sex with. UploadVR even set up a room to encourage sexual intercourse at the workplace. The room was referred to as the “kink room” and contained a bed. Male employees used that room to have sexual intercourse, which was disruptive and inappropriate. Often, underwear and condom wrappers would be found in the room.”
“Male employees, including Mason and Freeman, would even speak sexually about women that worked in the office, right in front of them. For example, male employees stated how they were sexually aroused by female employees and how it was hard to concentrate and be productive when all they could think about was having sex with them.”
In addition to raising many of the issues above, the plaintiff says she was wrongfully terminated. The plaintiff is suing for damages of an unspecified amount.
The suit also describes a number of other troubling behaviors at the company that created a hostile and toxic working environment. Those allegedly include parties in which employees invited strippers and prostitutes, and situations in which male employees kicked female employees out of rooms so they could use the spaces for sexual intercourse with party attendees. The suit also alleges widespread discrimination that resulted in male employees being compensated more than female employees, and female employees not being reimbursed for business expenses.
In a statement, UploadVR co-founders Will Mason, now acting president, and Taylor Freeman, the CEO, claim the lawsuit is without merit.
“We cannot comment directly on any pending litigation. What we want to express is that our employees are our greatest asset and the sole reason for the success of this company,” the two said in a statement. “We are committed to creating a positive community in VR/AR as well as within our company culture and will work to further develop that mission in the future. We are confident that the true nature of how we treat our employees and how we operate as leaders will shine through this unfortunate situation and confirm that these allegations are entirely without merit.”
Upload Vr has emerged as one of the prominent Virtual Reality community. It has three businesses related to Virtual Reality : media business , education business and co working business.