Social gaming and UGC platform Rec Room has raised $145 million from a recent funding round which valued the company at $3.5 billion. The funding round was led by Coatue Management and included participation from existing investors Sequoia Capital, Index Ventures, and Madrona Venture Group. Since November 2020, Rec Room’s monthly active users has increased by 450 per cent, with mobile… Source: http://www.pocketgamer.biz/news/77795/rec-room-raises-145-million-at-35-billion-valuation/
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