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Unity raises $181 million to boost VR and AR development

Unity has raised $181 million in series C funding to further fuel the development and growth of virtual and augmented reality titles.

Chris Kerr, News Editor

July 13, 2016

1 Min Read
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Newsbrief: Middleware outfit Unity has raised $181 million in series C funding to further fuel the development and growth of virtual and augmented reality titles. 

Unity is the backbone of around 90 percent of Gear VR apps, and was also used to create Niantic's hugely popular AR title, Pokémon Go

Leading investor DFJ Growth says it was attracted by Unity's position as a leading accelerator of AR and VR development, and will now take a seat on Unity's board of directors. 

About the Author

Chris Kerr

News Editor, GameDeveloper.com

Game Developer news editor Chris Kerr is an award-winning journalist and reporter with over a decade of experience in the game industry. His byline has appeared in notable print and digital publications including Edge, Stuff, Wireframe, International Business Times, and PocketGamer.biz. Throughout his career, Chris has covered major industry events including GDC, PAX Australia, Gamescom, Paris Games Week, and Develop Brighton. He has featured on the judging panel at The Develop Star Awards on multiple occasions and appeared on BBC Radio 5 Live to discuss breaking news.

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