August 31, 2016

HTC makes $5 million investment in VR gaming startup Steel Wool Studios

SteelWoolStudiosLogo_Black (1) Steel Wool Studio, an Oakland-based company made up of Pixar veterans with a few decades of animation experience under their belts, announced today that it has closed a $5 million round of Series A funding. Interestingly, the investment came entirely from HTC, the manufacturer of the Vive virtual reality headset. In the past six months, HTC has launched a number of initiatives aimed at… Read More

Source: TechCrunch