Gamasutra is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
September 16, 2019
arrowPress Releases







If you enjoy reading this site, you might also want to check out these UBM Tech sites:


VRChat raises $10 million to expand its virtual reality platform

VRChat raises $10 million to expand its virtual reality platform

September 5, 2019 | By Alissa McAloon

September 5, 2019 | By Alissa McAloon
Comments
    Post A Comment
More: VR



VRChat, the studio behind the online social platform of the same name, has raised a total of $10 million at the close of a Series C funding round.

The round sees Makers Fund join the company’s list of investors, and also saw contributions from previous investors like HTC, Brightstone VC, and GFR Fund. VRChat says that the investment makes it possible to expand the team working on VRChat, alongside aiding the growth of the platform and its community.

Additionally, having Makers Fund and HTC on board as partners opens the door to what the company describes as “unique opportunities” down the line.

VRChat allows players to don a virtual avatar and socialize in a variety of virtual spaces, though the name is slightly a misnomer since a VR headset isn’t necessarily required to play. The platform also solicits content from creators, allowing its users to create and share their own worlds and avatars using whatever 3D authoring software they have access to and uploading it via the VRChat SDK.



Related Jobs

Heart Machine
Heart Machine — Culver City, California, United States
[09.16.19]

Studio Manager
Disbelief
Disbelief — Cambridge, Massachusetts, United States
[09.16.19]

Senior Programmer, Cambridge, MA
Tequila Works S.L.
Tequila Works S.L. — Madrid, Spain
[09.16.19]

Senior Producer
Bending Spoons S.p.A. VAT ID: IT08931860962
Bending Spoons S.p.A. VAT ID: IT08931860962 — Milan, Italy
[09.16.19]

Game Lead









Loading Comments

loader image