Rec Room announced it has raised a $20 million Series C investment led by Madrona Venture group, with participation by existing investors DAG, First Round, Index, and Sequoia.

Rec Room Inc. was founded in April 2016 by a small team with a shared passion for VR, AR, social, and multiplayer experiences. Rec Room is a place to build and play games together. Rec Room is free, and cross plays on everything from phones to VR headsets.