VR developer ForeVR announces another $10 million in Series A funding led by Lobby Capital. Returning investors included Bessemer Venture Partners and Galaxy Interactive, among others. Including this latest funding, ForeVR has now raised $18.5 million since launching in July 2020.
ForeVR has a couple of releases already in the VR world. Their titles ForeVR Bowl and ForeVR Darts have sold in the Meta Quest ecosystem. And the latest funding announcement comes after the September launch of ForeVR Cornhole, the company’s third game.
Marcus Segal is CEO and co-founder of ForeVR is a well-known game developer who wants to bring the most popular IRL games to Virtual Reality. Segal co-founded the company with Michael Pagano Doom to translate the most popular real-life games into compelling multiplayer social experiences in VR.
Marcus Segal, CEO and co-founder of ForeVR Games, stated: “At Zynga, we proved that 2D social games like Words with Friends and Farmville had the power to build massive audiences by bringing people together in play. Marrying what we learned at Zynga with the visual richness of VR will allow us to take social gaming to the next level. Our new funding validates our work thus far and our vision for creating a new ‘Wii Sports of VR’ that brings every one of ages together in hyper-realistic, immersive worlds.”
