Transcend VR Announces Settlement with Mike Rothenberg and Bend Reality LLC

SAN FRANCISCO, Nov. 10, 2017 /PRNewswire/ -- Transcend VR LLC announced today that it has settled its lawsuit with Bend Reality LLC and Mike Rothenberg per a confidential settlement agreement.

"We are pleased to have resolved our dispute with Mike Rothenberg and River Studios," said Dominic Polizzotto, manager of Transcend VR and affiliate Transcend Frontier, LLC.

Transcend VR's affiliate, Transcend Frontier, LLC, is a limited partner with Rothenberg Ventures, the frontier technology venture capital firm managed by General Partner Mike Rothenberg.

"We look forward to a continuation of Mike's highly ranked performance as a venture fund manager and are pleased to continue as an investor with Rothenberg Ventures", Polizzotto said.

About Rothenberg Ventures

Rothenberg Ventures is an American venture capital firm based in San Francisco, California, founded in 2012 by General Partner Mike Rothenberg. The firm invests in startups building frontier technology such as virtual and augmented reality, AI, machine learning, robotics, autonomous vehicles, drones, and space.  Rothenberg Ventures has received top rankings from Goldman Sachs, CB Insights and Mattermark for its portfolio of more than 100 companies including SpaceX, Gusto, Jaunt, Planet, Revel Systems, AngelList, and Robinhood.

About Bend Reality LLC

Bend Reality LLC is based in San Francisco, California and founded in 2016.  It is unaffiliated with Rothenberg Ventures or River Studios LLC.

About Transcend VR LLC

Transcend VR is a Las Vegas based holding company focused on virtual reality technology  investment. Transcend VR's affiliate, Transcend Frontier, LLC, is focused on frontier technology venture capital investment.

SOURCE Rothenberg Ventures