Social VR App ‘Rec Room’ Raises $145M Funding, Now Valued at $3.5B
Road to VR
DECEMBER 20, 2021
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 company’s total valuation to $3.5 billion. The funding round was led by Coatue Management, with participation from existing investors Sequoia Capital, Index Ventures, and Madrona Venture Group.
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