PALO ALTO, Calif.--(BUSINESS WIRE)--Jaunt Inc., the industry leader in cinematic virtual reality (VR), today announced that it has appointed Jean-Paul (JP) Colaco as Chief Revenue Officer. With an impressive arsenal of experience driving revenue for digital media companies, Colaco brings a wealth of experience that is directly applicable to this growing medium. Joining the company effective today, Colaco will be responsible for revenue generation across the company globally and will report directly to Jaunt President and CEO, George Kliavkoff.
Colaco previously served as Senior Vice President of Advertising at Hulu where he grew the company’s advertising business from zero to over $500 million in annual ad revenue. He also served as Senior Vice President of Advertising and Business Development at Vessel, a next-generation online video service that was acquired by Verizon in October 2016, where he was instrumental in the signing of over 200 content partners for the launch of the service and sold all advertising exclusively with Fortune 500 brands. Before Hulu, Colaco spent more than a decade in several roles at The Walt Disney Company, ultimately as Senior Vice President of Business Development. He has an MBA from Harvard.
“In looking for Jaunt’s first chief revenue officer, it was clear that JP was the best person for the job,” said Kliavkoff. “With broad experience and a proven track record for generating revenue within the digital video space, he is the perfect complement to our management team. Personally, I am excited to work with JP again and believe Jaunt’s momentum will only accelerate with his help.”
News of Colaco’s hire comes on the heels of CFO Fabrice Cantou joining the team in January 2017, and just five months after Jaunt announced Kliavkoff would lead the company as CEO in September 2016. Under Kliavkoff’s leadership, Jaunt has announced:
- its impressive scripted production slate for 2017,
- the availability of its cinematic VR filmmaking field guide,
- a partnership with English Premier League club Manchester City,
- deals spanning every major Walt Disney Company division,
- the launch of Invisible, the first mainstream VR series driven by major Hollywood talent,
- the expansion of the Jaunt ONE camera rental program,
- and the addition of custom applications for Google Daydream and PlayStation VR making Jaunt the premiere VR content destination available on all major platforms.
The Jaunt VR App, including all content released to date, is available on iOS, Android, Gear VR, Google Daydream, PlayStation VR, Oculus Rift, HTC Vive and major desktop browsers.
About Jaunt Inc.
Jaunt is pioneering the future of creative storytelling through cinematic virtual reality. Founded in 2013, Jaunt is the leading developer of the hardware, software, tools, and applications to enable cinematic VR and put the power of virtual reality in the hands of today’s best content creators. Jaunt works with leading creatives – from brands to artists to filmmakers – to create cutting-edge content accessible across all devices and platforms.
Headquartered in Palo Alto, California, the company also maintains a presence in Los Angeles, CA through its studio arm, Jaunt Studios; a European business office in London; and an engineering and development office in Amsterdam. In 2016, Jaunt established Shanghai-based Jaunt China, a VR company formed in partnership with Shanghai Media Group (SMG) and China Media Capital (CMC). Collectively, Jaunt produces branded and original VR content for audiences worldwide. Join @JauntVR on Facebook, Twitter, Instagram and YouTube.
Jaunt’s investors include The Walt Disney Company, Evolution Media Partners, China Media Capital, Highland Capital Partners, Google Ventures, Redpoint Ventures, Axel Springer, ProSiebenSat.1 SE, The Madison Square Garden Company, Peter Gotcher, Blake Krikorian, and Sky (corporate.sky.com). Experience more at www.jauntvr.com.