Categories video gaming

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Rec Room raises at $1.25B valuation from Sequoia and Index as VCs push to find another Roblox

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 raised $100 million from Sequoia and Index, with participation from Madrona Venture Group. The deal is a huge influx of capital […]

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How Roblox’s creator accelerator helps the gaming giant build new platform opportunities

As Roblox eyes what could be a historic debut on public markets in the coming months, investors who have valued the company at $29.5 billion are certainly eyeing the gaming company’s dedicated and youthful user base — but it’s the 7 million active creators and developers on the Roblox platform […]

How Niantic evolved Pokémon GO for the year no one could go anywhere

Pokémon GO was created to encourage players to explore the world while coordinating impromptu large group gatherings — activities we’ve all been encouraged to avoid since the pandemic began. And yet, analysts estimate that 2020 was Pokémon GO’s highest-earning year yet. By twisting some knobs and tweaking variables, Pokémon GO […]

Tencent leads $100M Series B funding round into China-based esport provider VSPN

Further confirmation that the esports market is booming amid the pandemic comes today with the news that esports ‘total solutions provider’ VSPN (Versus Programming Network) has raised what it describes as ‘close to’ $100 million in a Series B funding round, led by Tencent Holdings . Other investors that participated […]

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Cloud9 adds the MAJKL Valorant roster to create Cloud9 White as its first women’s esports team

Cloud9 has brought on the all-women MAJKL Valorant squad to become its first women’s esports team. Moving forward the team of Alexis “alexis” Guarrasi, Annie “Annie” Roberts, Jasmine “Jazzyk1ns” Manankil, Katsumi, and Melanie “meL”Capone will compete as Cloud9 White in competition for Riot Games’ Valorant league. The new team is […]

Microsoft’s new Flight Simulator was worth the wait

It’s been 14 years since the launch of Flight Simulator X, which long seemed like it would be the final release in the long-running series. When the company announced it would re-launch the franchise just over a year ago, using a new graphics engine and satellite data from Bing Maps, […]

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‘Fallout Shelter’ joins Tesla arcade in latest software update

Nearly a year ago, Todd Howard, the director of Bethesda Games, said that the company’s “Fallout Shelter” game would be coming to Tesla displays. It arrived, via the 2020.20 software update, this week, which was first noted at driver’s platform Teslascope. Fallout Shelter is the latest — and one of […]

All product creators can learn something from Jackbox Games’ user experiences

Jason Shen Contributor Share on Twitter Jason Shen is a three-time startup founder and the CEO of Midgame, a gaming technology company backed by Techstars and Betaworks. More posts by this contributor Cultivating adaptability is a pandemic coping skill During this period of shelter-in-place, people have had to seek out […]