VR startup First Contact Entertainment has managed to raise $5 million in funding from a group of investors as it strives to, in its own words, "advance AAA virtual reality games."
Virtual reality startup First Contact Entertainment has managed to raise $5 million in funding from a group of investors as it strives to, in its own words, "advance AAA virtual reality games."
While First Contact's remit encompasses VR experiences in general, the emphasis on big-budget VR game design is notable in light of the fact that the Santa Monica-based studio made its public debut last month sporting talent from studios like Blizzard, Starbreeze, Treyarch and Infinity Ward.
Now the studio has a bit of extra spending money, a few new hires (including VRLA cofounder Jessica Ward and former Skybound Interactive producer Matt Candler) and plans to launch its first "playable VR content" on Steam later this year.
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