On August 17th, ForeVR announced the company had raised $8.5 million. These funds will be used to expand the organization’s hit game, ForeVR Bowl, to new platforms. This money will also help the business create new games.
This round of funding was led by Bessemer Venture Partners. Additional support came from Galaxy Interactive, All Star Capital, Mark Pincus, and Emmett Shear.
“Starting [amidst] the pandemic gave us a [lot of time] to focus while being isolated,” said company co-founder Mike Pagano Doom. “The [worldwide] lockdown brought us together as a production family, giving us clear purpose to deliver a game that connects our families together virtually while [physically] apart in these difficult times.”
ForeVR is a Los Angeles-based start-up gaming company. The organization aims to convert real-life sports and games into virtual reality experiences.
(All information was provided by Dot.LA)