DAZ 3D and Gizmoz Merge
December 22, 2009

DAZ 3D and Gizmoz Merge

Draper, Utah - DAZ 3D and Gizmoz announced a merger that will create the foremost online marketplace for high-quality and inter-compatible digital characters and accessories. With the largest community of active digital character artists, the merged company will allow users to experience personalized digital goods and identities across any platform.
“We are excited to announce the formation of a company dedicated to delivering digital goods with unprecedented life-like characteristics ideal for social networks, cross-platform gaming, 3D animation and development,” says Eyal Gever, president of the merged company and CEO and founder of Gizmoz. “By offering the most advanced mass-market 3D character creation technology, combined with a highly robust marketplace of 3D content, the company is perfectly in line with virtual goods market growth expectations of $3 billion by 2010.”

The combination of Gizmoz’s head reconstruction and online personalization service with DAZ 3D’s full-figure content, desktop software tools, and community will provide creative professionals, gamers, and consumers alike with a more expansive virtual goods design center and marketplace, says a representative. The merger will enhance distributive capabilities: the custom avatars can then be managed and transported to any virtual environment or production pipeline. All characters and technologies can be used in PC and console games, social networks, video clips, and mobile applications, as well as in professional modeling, animation, and illustration projects.

“The combination of DAZ 3D and Gizmoz fills a true void within the industry. Now users can experience expansion into virtual worlds, cross-platform gaming, mobile applications and more, while maintaining high-quality results and endless creativity,” says Dan Farr, CEO of the merged company and previous DAZ 3D president and co-founder. “DAZ 3D customers have been demanding more personalized content and neighboring markets have requested we expand to meet their needs as well. With this merger our company is uniquely poised to provide extended portability, support and creativity to our ever-growing user base.”

DAZ 3D and Gizmoz also announced that existing investors participated in a new round of funding to focus on the significant market opportunity for character-centric virtual goods. Benchmark Capital, Highway 12 Ventures, and Columbia Capital led the round, with participation from DOCOMO Capital and Village Ventures.

The merged company plans to unveil its first new products designed to increase ease of use, portability, and integration in Q1, 2010.