Rec Room closes $100m funding round
New round values the Seattle-based social platform at $1.25 billion
Articles by Matthew Handrahan
Matthew Handrahan, Editor-in-Chief
Matthew Handrahan joined GamesIndustry in 2011, bringing long-form feature-writing experience to the team as well as a deep understanding of the video game development business. He previously spent more than five years at award-winning magazine gamesTM.
Recent articles by Matthew Handrahan
New studio Ashborne Games forms under THQ Nordic banner
Czech developer formed by veterans from Bohemia Interactive, Madfinger and Vatra Games
Tobias Sjögren named permanent CEO of Starbreeze
Sjögren has been acting CEO since October 2020, recently closed €50m Payday 3 co-publishing deal
Microsoft among suitors for Discord in reported $10b deal
Multiple reports suggest chat startup is in talks for a potential sale
Media Molecule's Siobhan Reddy to receive BAFTA Fellowship
Reddy has worked at Media Molecule since 2006, will receive the honour at the BAFTAs on March 25
Terraria has sold 35m copies across all formats
Re-Logic's evergreen hit passed 30m sales in April 2020
Valve blocks Super Seducer 3 from Steam
Multiple product reviews left Valve at "an impasse" with seduction game creator Richard LeRuina
Incredibuild secures $140m in funding
Insight Ventures leads round in Israeli computing platform used by Xbox, Nintendo, Epic, and others
Dead Cells has now sold 5m copies
Motion Twin's title sold 1m in China "within a few days" -- mobile version to launch on March 30
Starbreeze signs €50m Payday 3 deal with Koch Media
Swedish firm now has the financing for Payday 3's production and marketing until at least 18 months after 2023 launch
Animal Crossing breaks Nintendo's European sales record
Switch exclusive's 7m European sales in one year is more than any other title in Nintendo's history
My.Games takes minority stake in Espresso Publishing
Investment is part of the Russian firm's push into the hypercasual market
Team17 sees 2020 revenues soar after record number of game launches
UK publisher released ten new games last year, with another busy schedule expected in 2021
Surviving Mars hits five million players
Paradox Interactive strategy title reaches new milestone across all platforms
Star Citizen reaches $350m in crowdfunding after record 2020
Cloud Imperium's space franchise rumbles on despite absence of solid release dates
Enthusiast Gaming launching new esports site Upcomer
Specialist media firm will incorporate existing Daily Esports website into new launch this year
Stellaris tabletop game hits £1m on Kickstarter in 24 hours
Adaptation of Paradox Interactive's strategy series is the latest board game to find an audience through crowdfunding
Captain Tsubasa: Dream Team racks up 35m downloads
KLab's mobile hit adds another five million downloads in six months
Midgame Fund aims to boost Dutch developer ecosystem
Collaboration between prominent Dutch devs will make investments between €10,000 and €150,000
Roblox closes first day of trading with $38b market cap
Social gaming platform opened at $64.50 a share -- nearly $20 above the NYSE reference price
German legal reform to set new standards for loot boxes
Bundestag passes youth protection law that would require clear descriptors for games featuring loot boxes
Microsoft confirms some future Bethesda games will be Xbox, PC exclusive
As the acquisition of ZeniMax Media closes, Microsoft's Phil Spencer offers clarity on multi-platform future of Bethesda games
StoryFutures Academy and InGame announce winner of Immersive Game Lab
VR title Duality will receive a £50,000 development commission
Creative Assembly to launch UK scholarships promoting diversity
Two £9,000 scholarships for Teesside University's Computer Game Design degree are available to female, Black, ethnic minority and disadvantaged students
TinyBuild launches £340m IPO
Flotation on the London Stock Exchange's AIM market will provide "the ideal platform for our growth"
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