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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. HTC is the company behind the Vive VR headset and have in past six months been investing heavily in initiatives to help grow the virtual reality space.

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HTC Oakland Virtual Reality Simulation 156
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