Rec Room, a social-gaming startup based in Seattle, announced it has landed $100 million in new funding, giving it a valuation of $1.25 billion. The company says its year-over-year revenue soared more than sixfold in 2020 but it remains unprofitable.
source https://www.seattletimes.com/business/seattle-gaming-startup-rec-room-raises-100-million-in-new-funding-as-valuation-tops-1-billion/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_technology
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