Los Angeles virtual reality company Red Pill VR Inc. sued a Canadian company it founded to develop virtual concert worlds after it reportedly refused to turn over proprietary source code.
September 23, 2020 at 05:00 PM
1 minute read
Litigation editor
A California virtual reality company is seeking $10 million in damages after a former business partner allegedly hijacked its trade secrets.
In September 2019, Red Pill VR Inc., a Los Angeles company developing a platform for virtual, interactive concerts, founded Red Pill VR Canada Inc. in Montreal. Owning 45% of all RP Canada shares, Red Pill VR created the spinoff company to develop virtual concert worlds for its sole client, Sensorium.
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Screenshot of home page of Red Pill VR (redpillvr.com).
