Seattle’s newest unicorn: Rec Room raises $100M as social gaming popularity fuels big growth

25 Mar, 2021

Seattle’s newest unicorn: Rec Room raises $100M as social gaming popularity fuels big growth
Photo by freestocks on Unsplash

– Seattle-based Rec Room has raised $100m in new funding.
– The game development startup is now valued at $1.25b after an explosive year of growth in which players used the platform to connect during the COVID-19 pandemic.
– It’s the latest Seattle-area startup to reach “unicorn” status with a $1b valuation or more.

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