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Rec Room raises $145M at a $3.5B valuation for its user-generated, immersive gaming platform

TechCrunch

On the heels of Roblox hitting it big with its platform for user-created gaming content, another startup has landed a major round of funding to build out its own user-generated platform aimed at immersive experiences. There are some 12 million rooms on the platform already, Rec Room said.

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Memory.ai, the startup behind time-tracking app Timely, raises $14M to build more AI-based productivity apps

TechCrunch

has raised $14 million as it gears up to launch its next apps, Dewo (pronounced “De-Voh”), an app that is meant to help people do more “deep work” by learning about what they are working on and filtering out distractions to focus better; and Glue , described as a knowledge hub to help in the creative process.

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15 Business Leaders Share Their Experiences and Insights on Getting Through COVID-19

StartupNation

After the initial shock subsided, we realized we had to put our thinking caps back on, get creative and figure out how to get through this. We have seen KPIs jump more than 50 percent in the last month because people are stuck at home and have more time to spend with social gaming and shopping communities.