That's similar to data Roblox revealed last year, saying its users average 2.6 hours in its game. "If you're going into Rec Room, you're staying there for a while," Fajt said.

Social gaming platform Rec Room has raised $100 million at a $1.25 billion valuation. The funding is another vote of confidence for user-generated content. And so we have another contender for the ...

Investor FOMO following Roblox’s blockbuster public debut is pushing venture capitalists who missed out on that gaming giant to invest in competing platforms. Today, Rec Room announced it has ...

Fajt says he wants creation tools on Rec Room to be more accessible to the general player base than other platforms, including Roblox, aiming to keep tools simple for now and push everyday users to ...

Social gaming platform Rec Room has raised $145M at a $3.5B valuation. That is just nine months after raising $100M at a $1.25B valuation.

Social VR platform Rec Room has sealed another big funding round to close out the year. The Seattle-based startup today announced it’s secured a new $145 million financing round, bringing the ...

Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. The startup has closed a $20 million Series C led by ...

“Roblox has an incredible business, that’s certainly no secret,” Fajt tells TechCrunch. “We want breadth of expression over depth of expression; we want anyone who comes into to Rec Room ...