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
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
    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

Industrial Toys @ EA
Industrial Toys @ EA — Pasadena, California, United States

Senior Software Engineer - Gameplay
Digital Extremes Ltd.
Digital Extremes Ltd. — London, Ontario, Canada

Environment Artist
Airship Syndicate
Airship Syndicate — Austin, Texas, United States

Senior VFX Artist
Infinity Ward
Infinity Ward — Woodland Hills, California, United States

Senior Audio Engineer

Loading Comments

loader image