Rec Room
Facts
- HQ
- Seattle
- Sectors
- Gaming, Social gaming, Virtual worlds, User-generated content, Cross-platform
- Founded
- 2016
- Employees
- 141
- Stage
- startup
Seattle’s Rec Room Social Gaming Platform Shuts Down June 1, 2026 After $294M Funding and $3.5B Valuation
Seattle-based social gaming platform Rec Room, which attracted 150 million players and reached a $3.5 billion valuation in 2021, is shutting down on June 1, 2026 due to unviable business economics. Founded in 2016 by former Microsoft engineers, Rec Room built a decade-long virtual community but ultimately could not sustain its operations.
Rec Room shutdown, robot umps, FedEx meets Amazon, and OpenAI's odd media buy
This week: Rec Room, the Seattle-based social gaming platform once valued at $3.5 billion, is shutting down — and Snap is picking up some of the pieces. Todd talks about what it was like fielding calls from distraught users on the night of the announcement. John offers his thoughts on what the shutdown says about the VR hype cycle, and whether everyone betting on the AI boom should take notes. Plus: Major League Baseball's new automated ball-strike system is already exposing umpires and creating a whole new kind of showboating — including one player who was so confident the robot…
Seattle-Based Gaming Platform Rec Room to Shut Down June 1, Assets Acquired by Snap
Rec Room, a popular Seattle-based social gaming platform valued at $3.5 billion, announced it will shut down on June 1, with some assets acquired by Snap, leaving its 150 million players and community in shock. Fans expressed disbelief and sadness on Discord and Reddit, questioning what happened and where they will find similar entertainment now.
People
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Cameron Brown Founder, Co-founder, Co-founder and CCO
