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
July 24, 2019
arrowPress Releases

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

 Rec Room  dev Against Gravity secures $24 million in funding

Rec Room dev Against Gravity secures $24 million in funding

June 12, 2019 | By Alissa McAloon

Newsbrief: Rec Room developer Against Gravity has secured $24 million in funding across two rounds.

According to TechCrunch, that makes for $29 million raised by the VR developer to date, and comes as the studio is looking to pursue more monetization options in the social game as well.

“I think a direction that we’re actually excited about is that we want to let the users creating some of this content charge tokens to play them,” Against Gravity CEO Nick Fajt tells TechCrunch. “I think that’s one that we’re kind of on the cusp of doing and we’re hoping to get that out later this year.”

That $24 million in funding was brought in across a Series A led by Sequoia and a Series B led by Index Ventures, though the company wouldn’t specify the size of each individual round. Investors like First Round Captial, Maveron, Anorak Ventures, Acequia Capital, Betaworks, and DAG Ventures also contributed in those funding rounds as well.

Related Jobs

Sucker Punch Productions
Sucker Punch Productions — Bellevue, Washington, United States

QA Tester
Disruptor Beam, Inc.
Disruptor Beam, Inc. — Framingham, Massachusetts, United States

Senior Game Designer
Manticore — San Mateo, California, United States

Director of Analytics
Tangent Games LLC
Tangent Games LLC — Burbank, California, United States

System Designer

Loading Comments

loader image