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Rec Room raises $145m, valued at $3.5bn
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Danielle Partis
News Editor
Wednesday 22nd December 2021
Social gaming platform Rec Room raised $145 million in a funding round, bringing its total valuation to $3.5 billion.
The round was led by Coatue Management, with participation from existing investors Sequoia Capital, Index Ventures and Madrona Venture Group.
Founded in 2016, developer Against Gravity initially created Rec Room for VR platforms, but the social title has since moved onto PlayStation, Xbox, iOS and Android.
"It's been amazing to
Read more on gamesindustry.bizAbout this in other media
Social app Rec Room raises $145 million gamedeveloper.com /2 years ago
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