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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 /3 years ago
Rec Room social gaming platform raises $145M at $3.5B valuation venturebeat.com /3 years ago
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12.02 / 11:15
Amazon
Valentine's day Amazon offers: Big price cuts for Redmi Note 11T, Galaxy M32, iQOO 7 announced
Smartphone price cut: To celebrate Valentine's day, Amazon has announced ‘Mobile and TV Savings Days’, which will see a variety of deals and discounts on smartphones and smart TVs and accessories. This Amazon offer will start today, February 12 and will go on till Tuesday, February 15. This offer could be your chance to buy the perfect gift for your Valentine at an affordable price or to to gift yourself a new smartphone. No matter the reason, if you are in the market for a new smartphone, you should be checking this deal out. The deal includes popular smartphones such as Redmi Note 11T, Galaxy M32, iQOO 7, Mi 11X and more. Further, buyers can get 10% instant discount up to INR 2,000 using Federal Bank Credit cards and INR 1,500 on Federal Bank Debit Cards and EMI transactions Read on for more details.
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