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zSpace, Inc.
zSpace was founded in 2007 by David A. Chavez, who still serves as CTO, alongside a team of engineers building stereoscopic display technology originally...
zSpace, Inc.
zSpace was founded in 2007 by David A. Chavez, who still serves as CTO, alongside a team of engineers building stereoscopic display technology originally from the spatial computing sector. The company has remained private and is funded through a mix of venture rounds, including a Series D round in 2019 per SEC filings. Wealth origin is not attributed to any individual family office or single principal; the firm operates as a standalone corporation, not a family office. The company targets education and enterprise markets with its all-in-one AR/VR workstations, presenting over a thousand curriculum-aligned lessons for STEAM, Career and Technical Education (CTE), and medical simulation. Confirmed verticals include K-12 school districts in the US and Asia, higher education institutions, automotive design, and healthcare training. Geographic footprint includes North America, Japan, Taiwan, and the UK, with distribution partnerships in China and the Middle East. zSpace licenses its platform to hardware partners and sells direct to schools, charging per seat per year, creating an annuity revenue model. Paul Kellenberger became CEO in 2015, succeeding company founder. The firm employs roughly 100 people according to public profiles, with headquarters in San Jose and a field presence in Asia via distributors. No philanthropic foundation or separate investment vehicle is disclosed. A recent operational event: in 2025, zSpace announced a partnership with Microsoft to integrate its technology with Windows Mixed Reality headsets for enterprise training (per press release, March 2025). zSpace's structural differentiator is its position as a hardware-plus-content platform in augmented and virtual reality education, a market dominated by consumer-focused headsets from Meta and Apple. The company relies on long-term contracts with school districts and enterprise customers rather than venture-subsidized hardware, and its curriculum partnerships with publishers like Pearson and McGraw Hill give it defensibility against purely hardware plays.
General information
Firm type
other
Year founded
2007
AUM
Undisclosed
Location
Region
North America
Country
United States
City
San Jose
Corporate office
San Jose, CA, United States
Principals
Paul Kellenberger
CEO
David A. Chavez
CTO and Co-Founder
Sector focus
Frequently asked questions
Who makes investment decisions at zSpace?
zSpace is a private corporation led by CEO Paul Kellenberger, who has run the firm since 2015. The board includes investors such as the venture arms of Rockwell Collins, DAG Ventures, and others from prior rounds. The company does not operate as a family office; it is a standalone for-profit corporation with outside shareholders.
Is zSpace venture-backed?
Yes. zSpace has raised multiple rounds of venture capital, including a $25.5 million Series D in 2019 (per SEC Form D), with prior investors including Global Catalyst Partners, DAG Ventures, and others. The company has not disclosed a valuation, and its cap table includes institutional investors, not a single-family office.
Does zSpace reinvest its profits into other assets or funds?
No. zSpace is an operating company that manufactures and sells AR/VR hardware and educational software. It does not operate a separate investment vehicle, family office, or fund; all retained earnings are reinvested into product R&D and sales operations.
What industries does zSpace serve?
The company serves three primary verticals: K-12 education (STEAM and CTE curricula), higher education (medical simulation, engineering design), and enterprise training (industrial design, automotive, and healthcare). It does not serve the consumer gaming market.
How does zSpace differentiate from other VR headset companies?
Unlike Meta (Oculus) or Apple (Vision Pro), zSpace produces all-in-one stereoscopic workstations with a built-in display and stylus interaction designed for collaborative learning, not individual immersion. It also licenses a library of over 1,000 standards-aligned lessons and applications, making it a platform play rather than a pure hardware vendor.
Who founded zSpace?
David A. Chavez co-founded zSpace in 2007 and serves as its CTO. He previously worked at Ford, IBM, and other spatial computing firms. The founding team also includes engineering alumni from Sun Microsystems and NASA.
Where is zSpace's global presence?
Headquarters is in San Jose, California. The company distributes in Japan, Taiwan, the UK, China, and the Middle East through direct partnerships with education ministries and technology resellers. The firm does not maintain overseas offices but relies on local distributors.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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