Investor FOMO following Roblox’s blockbuster public debut is pushing venture capitalists who missed out on that gaming giant to invest in competing platforms. Today, Rec Room announced it has raised ...

Social gaming platform Rec Room has raised $145 million at a $3.5 billion valuation. The funding round comes just nine months after the company raised $100 million at a $1.25 billion valuation, and it ...

Social VR platform Rec Room announced it’s laying off around half of its staff, citing low-level content which has flooded the platform from users on mobile and console. Founded in 2016, the studio ...

Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. The startup has closed a $20 million Series C led by ...

Rec Room, the eponymous Seattle-based development studio behind the virtual hangout/game creator Rec Room, has raised $20 million. Madrona Venture Group led the Series C round, which included ...