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VRChat Lays off 30% of Company, Citing Growing Pains Following COVID Platform Boom

VRChat, one of the oldest and most popular social VR platforms, announced it’s laying off “around 30%” of its staff, citing issues with slower than anticipated growth, over-hiring during its boom in 2021, and the slow adoption of a more conventional corporate structure. The news was announced in an extensive internal email outlining the decisions […]

The post VRChat Lays off 30% of Company, Citing Growing Pains Following COVID Platform Boom appeared first on Road to VR.

Road to VR & Scott Hayden

13. Juni 2024
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Social VR Platform ‘VRChat’ to Lose Quest 1 Support Next Month

As a part of its big send off, Meta has already deprecated first-party social features on the original 2019 Quest, which includes access to Parties and Meta Horizon Home. If you thought you could keep using Quest 1 with other social VR platforms though, your choices are about to get even more limited, as VRChat is soon dropping support […]

Road to VR & Scott Hayden

11. Mai 2023
‘VRChat’ Begins Open Beta for Hand-tracking on Quest 2 & Quest Pro
VRChat has brought hand-tracking to its social VR platform in a recent update, letting users opt-in to the experimental feature on Quest 2 and Quest Pro. “This isn’t just the ability to use your real hands via the Quest’s powerful finger tracking—it also means you don’t have to use your controllers at all in VRChat,” the […]

Road to VR & Scott Hayden

28. Oktober 2022
HBO Documentary ‘We Met in Virtual Reality’ Explores the Real People of ‘VRChat’
A new documentary that was filmed entirely in VR is coming to HBO later this month that focuses on the individuals and communities growing in social VR spaces. Created by director Joe Hunting and premiered at 2022 Sundance Film Festival, We Met in Virtual Reality explores the lives of real VR users who met in VRChat and their […]

Road to VR & Scott Hayden

12. Juli 2022
‘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

‘VRChat’ Hosts 24-hour Ball Drop & Live Music to Ring in the New Year
Many social VR platforms are playing host to informal New Year’s Eve parties, with users banding together to ring in the new year. VRChat is going the extra mile this year though to put on a 24-hour NYE bash that includes ball drops on the hour and live music so everyone can celebrate. VRChat’s New Year’s Eve […]

The post ‘VRChat’ Hosts 24-hour Ball Drop & Live Music to Ring in the New Year appeared first on Road to VR.

Road to VR & Scott Hayden

31. Dezember 2020
‘VRChat’ Launches Premium Membership, Now in ‘Early Supporter’ Phase on Steam
Social VR platform VRChat has rolled out a premium subscription service which brings a few new extras to users looking to support the free app. Called VRChat Plus, the membership includes some neat side benefits. In its Early Supporter phase though, the service seems more of a way to financially support the platform than anything. VRChat is […]

The post ‘VRChat’ Launches Premium Membership, Now in ‘Early Supporter’ Phase on Steam appeared first on Road to VR.

Road to VR & Scott Hayden

7. Dezember 2020