Rec Room raises $145M at a $3.5B valuation for its user-generated, immersive gaming platform
TechCrunch
DECEMBER 20, 2021
The funding is being led by Coatue Management, with participation from existing investors Sequoia Capital, Index Ventures and Madrona Venture Group, and it is coming in at a $3.5 It has now racked up 37 million users who build and play games in “rooms” where they virtually hang out with other users. billion valuation.
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