It was only a month ago when social VR platform Rec Room reported it crossed the two million annual VR user mark, an important milestone worth celebrating along the app’s five-year journey. Its ...

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Social gaming platform Rec Room has raised $100 million at a $1.25 ...

Rec Room, the social VR platform, announced it has secured a $100 million financing round, bringing the company’s valuation to $1.25 billion. This makes it one of the most valuable VR companies ...

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 ...

The platform popular with teenagers is valued at $1.25 billion The platform popular with teenagers is valued at $1.25 billion The platform’s primary users are teenagers between ages 13 and 16, Fajt ...

Gaming startup Rec Room, known for its cross-platform social app where players can build and share games and experiences, announced a sweeping personnel reduction. A Worker Adjustment and Retraining ...

Rec Room Inc., a videogame platform that enables users to build and play in customized online spaces, garnered a $1.25 billion valuation in its latest funding round as the company benefits from a ...