I wanted to know, how I can install blend4web in version 2.76?
Thanks for your help.
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This is probably best asked at the specified product user forum or website, or follow the instructions of the creator, since it doesn't seem like a Blender specific question.
Try following these instructions from the addon author documentation
To verify it worked:
In the File > Export menu, the Blend4Web (.json) and Blend4Web (.html) options should appear.