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Oakland based VR studio Steel Wool raises $5 million from HTC.

Cats and VR

AUGUST 31, 2016

Steel Wool Studios – an independent VR development studio formed by creative veterans of Pixar Animation Studios, Lucasfilm, and Telltale Games – today announced that it has raised $5 million in Series A funding from HTC Corporation. In April, the studio launched Quar: Battle for Gate 18, an action strategy title, on Steam for the HTC Vive.

Oakland 101
Oakland HTC Simulation Strategy 101
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HTC Invests $5 Million in VR Studio From Pixar and Lucasfilm Veterans

VRScout

AUGUST 31, 2016

HTC is continuing their commitment to invest heavily in the VR ecosystem and have their eye on one Oakland-based independent VR development studio. The latest funding round in Steel Wool Studios will support development of multiple VR projects already underway, which span game, simulation, and narrative-based concepts according to the studio.

HTC 156
HTC Oakland Virtual Reality Simulation 156
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