Pico was founded on 20 15, initiated by current CEO Zhou Hongwei. Goer is its strategic suppliers, and the shipments of VR products increased rapidly in the first half of the year. Previously, the company has obtained several rounds of financing, and now it has reached the B+ round of financing. In the past, investors included Cornerstone Capital and CCB International. Pico, a VR (Virtual Reality) startup company of 202 1, sent a letter to all employees, revealing that the company was acquired by ByteDance. The letter also stated that users will get more content support and technology upgrade services in the future on the basis of enjoying the original services. Pico will be incorporated into VR-related businesses in ByteDance, integrating byte content resources and technical capabilities, and will increase investment in product development and developer ecology.
Beijing ByteDance Technology Co., Ltd., founded in March 20 12, is one of the earliest technology enterprises to apply artificial intelligence to the mobile Internet scene, with the vision of creating a "global platform for creation and communication". "Going out to sea with science and technology" is the core strategy of ByteDance's globalization. Its products include today's headlines, watermelon videos, Tik Tok, Headline Encyclopedia, Pipi Shrimp, Car Master, Wukong Q&A and so on.