Rec Room shuts down after decade and 150 million players – Hypergrid Business

Rec Room

[ad_1] (Image courtesy Rec Room.) Rec Room, a Seattle-based social virtual world that raised $294 million and briefly reached a $3.5 billion valuation, will shut down on June 1, 2026, the company announced yesterday. Snap Inc. confirmed the same day that it has acquired select assets from the company. “Despite this popularity, we never quite […]