Social VR App ‘Rec Room’ Raises $145M Funding, Now Valued at $3.5B
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 […]

The post Social VR App ‘Rec Room’ Raises $145M Funding, Now Valued at $3.5B appeared first on Road to VR.

Road to VR & Scott Hayden

20. Dezember 2021
Microsoft’s Metaverse Ambitions Grow as Teams Platform to Include 3D Avatars & Immersive XR Meetings
Microsoft is making a strong bid to bolster its version of the metaverse as it looks to roll out 3D avatars and immersive meetings for its Microsoft Teams communication platform. You might define the metaverse as essentially an immersive internet where virtual experiences are interoperable, and also offer a continuity of the user’s digital identity. It’s […]

The post Microsoft’s Metaverse Ambitions Grow as Teams Platform to Include 3D Avatars & Immersive XR Meetings appeared first on Road to VR.

Road to VR & Scott Hayden

3. November 2021
Logo spatialcomputing.info Nicht die Mona Lisa
Meta’s Latest Avatar System is Finally Rolling Out to All Unity Developers
Following an initial announcement eight months ago, Meta has released its latest avatar system for all Unity VR developers, including support for App Lab titles and limited support for non-Oculus platforms like SteamVR. Update (December 13th, 2021): Meta today announced that its latest avatar system is finally available to all Unity developers. Formerly called Oculus […]

The post Meta’s Latest Avatar System is Finally Rolling Out to All Unity Developers appeared first on Road to VR.

Road to VR & Scott Hayden

28. Oktober 2021
27 VR Apps for Remote Work, Education, Training, Design Review, and More
One of VR’s biggest strengths is the ability to make those at a distance feel like they’re physically near each other. While this is great for visiting with friends remotely, there’s a number of VR companies betting that virtual reality office environments, remote collaboration, and working from home in VR are going to be the […]

The post 27 VR Apps for Remote Work, Education, Training, Design Review, and More appeared first on Road to VR.

Road to VR & Ben Lang

31. August 2021
Facebook Creates New Internal Organization to Build “the Metaverse”
Facebook Reality Labs, the company’s AR/VR research and development team, announced the creation of a special product group focused on developing its future vision for “the Metaverse.” Apparently Facebook is betting big on the idea too, as it hopes in the near future to be viewed more as “a metaverse company” than a social network. […]

The post Facebook Creates New Internal Organization to Build “the Metaverse” appeared first on Road to VR.

Road to VR & Scott Hayden

28. Juli 2021
‘Rec Room’ Adds More Flexibility to Avatar System with New Full-body, Animated Costumes
Ever since the social VR platform Rec Room launched in 2016, its avatar system has notably lacked full-body inverse kinematics like you see in its contemporary VRChat, which essentially leaves users with a stylized appearance lacking arms and legs. Now the studio says it’s releasing an update that will allow you to buy more articulated avatar […]

The post ‘Rec Room’ Adds More Flexibility to Avatar System with New Full-body, Animated Costumes appeared first on Road to VR.

Road to VR & Scott Hayden

13. Juli 2021
Logo spatialcomputing.info Nicht die Mona Lisa
‘Rec Room’ Begins Early Rollout on Select Android Devices
We were expecting to see Rec Room make its way to Google Play sometime this fall. With little fanfare though, the popular social VR platform has quietly begun early rollout for its Android app on select devices. Update (August 4th, 2021): If you’ve pre-registered for access to Rec Room on Android, you may receive a notification […]

The post ‘Rec Room’ Begins Early Rollout on Select Android Devices appeared first on Road to VR.

Road to VR & Scott Hayden

29. Juni 2021
‘VRChat’ Secures $80M Series D Funding to Create its Own Digital Economy
VRChat, the popular social VR platform, announced its secured a Series D funding round of $80 million, which brings to the startup more than five times its overall lifetime investment. The round was led by Anthos Capital, alongside participating investors Makers Fund, GFR Fund and others. According to Crunchbase, this brings VRChat’s overall outside investment to […]

The post ‘VRChat’ Secures $80M Series D Funding to Create its Own Digital Economy appeared first on Road to VR.

Road to VR & Scott Hayden

28. Juni 2021
‘VRChat’ Secures $80M Series D Funding to Create its Own Digital Economy
VRChat, the popular social VR platform, announced its secured a Series D funding round of $80 million, which brings to the startup more than five times its overall lifetime investment. The round was led by Anthos Capital, alongside participating investors Makers Fund, GFR Fund and others. According to Crunchbase, this brings VRChat’s overall outside investment to […]

The post ‘VRChat’ Secures $80M Series D Funding to Create its Own Digital Economy appeared first on Road to VR.

Road to VR & Scott Hayden

VR Education Platform ‘ENGAGE’ Raises $10.7M to Build ‘Oasis’ Metaverse for Business
VR Education Holdings, the company behind the social VR platform ENGAGE, announced it’s raised €9 million (~$10.7 million) which will help it expand beyond the realm of immersive education & training and into a new product called ENGAGE Oasis. It’s billing the upcoming social VR platform as an enterprise offering comparable to a “fully featured […]

The post VR Education Platform ‘ENGAGE’ Raises $10.7M to Build ‘Oasis’ Metaverse for Business appeared first on Road to VR.

Road to VR & Scott Hayden

24. Juni 2021