another startup has landed a major round of funding to build out its own user-generated platform aimed at immersive experiences. Rec Room, a free to download and play cross-platform social gaming ...

Social gaming platform Rec Room said on Monday it fetched a valuation of $3.5 billion after raising $145 million in a funding round led by hedge fund Coatue Management, riding on the pandemic ...

This is Rec Room’s second round of funding in 2021, following a $100 million raise in March that officially catapulted the company into “unicorn” status as a privately-held startup valued at ...

The online social platform Rec Room has raised $100 million in new funding, at a valuation of $1.25 billion. The new round was led by Index Ventures and Sequoia Capital, with a contribution from ...