Social VR platform Rec Room announced it’s laying off around half of its staff, citing low-level content which has flooded ...

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 ...

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 ...

Social gaming platform Rec Room has raised $145M at a $3.5B valuation. That is just nine months after raising $100M at a $1.25B valuation.

Roblox, an online gaming platform for slightly younger users than Rec Room’ s, also has seen a sharp uptick in use during the pandemic.

The studio today announced that Rec Room has exceeded three million user-created levels, which includes 40 million room visits per month.

Seattle-based Rec Room has raised $100 million in new funding. The game development startup is now valued at $1.25 billion after an explosive year of ...