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

That's similar to data Roblox revealed last year, saying its users average 2.6 hours in its game. "If you're going into Rec Room, you're staying there for a while," Fajt said.

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 raised $145M at a $3.5B valuation. That is just nine months after raising $100M at a $1.25B valuation.

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 VR platform Rec Room has sealed another big funding round to close out the year. The Seattle-based startup today announced it’s secured a new $145 million financing round, bringing the ...

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 ...