Social gaming startup Rec Room is shutting down on June 1, saying it could not find a path to profitability; Rec Room had a $3.5B valuation in December 2021
Rec Room, the Seattle-based social gaming company once valued at $3.5 billion, is shutting down its platform on June 1 …
Meta announces a $50M creator fund for Horizon Worlds; CTO Andrew Bosworth reportedly told staff that 2025 is a make-or-break year for Meta's XR ambitions
they are making a long-term play. rather than put money into supporting VR for adults, productivity, etc. — they're investing in a generation that will have *grown up* with VR X: Wagner James Au / @s...
Social gaming startup Rec Room raises $145M led by Coatue at a $3.5B valuation, up from $1.25B in March, and says it has 37M players, up from 2M in March
On the heels of Roblox hitting it big with its platform for user-created gaming content, another startup has landed a major round …
Profile of Tipatat Chennavasin, GP of Venture Reality Fund, which has backed Rec Room and Facebook-acquired Beat Games, on changes in the VR industry
Janko Roettgers / Protocol : Tweets: @oskarburman , @skarredghost , @sportschris , @welkhoff , @mattmiesnieks , @karanganesan , and @tipatat Tweets: Oskar Burman / @oskarburman : “Get ready for more ...
Seattle-based social gaming startup Rec Room raises $100M led by Sequoia Capital and Index Ventures at a $1.25B valuation, bringing its total raised to $149M
Seattle-based social gaming startup Rec Room raises $100M led by Sequoia Capital and Index Ventures at a $1.25B valuation, bringing its total raised to $149M
Seattle-based Rec Room has raised $100 million in new funding. The game development startup is now valued at $1.25 billion …