Deliver Your News to the World

Zynga, EA, and Glu Alums Raise $10M for ForeVR to Build the Wii Sports of VR

Lobby Capital led the round with participation from Bessemer Venture Partners and Galaxy Interactive

VR casual game leader behind ForeVR Bowling, Darts and Cornhole plans to launch a fourth title, ForeVR Pool, this holiday

New capital brings total raised to $18.5M to date to expand exciting library of family-friendly titles


Los Angeles, CA, USA – WEBWIRE

ForeVR Games, the leader in casual virtual reality (VR) gaming founded by Zynga, EA, and Glu veterans, today announced a $10 million Series A funding round to expand its portfolio of connected family-friendly titles and solidify its role as the ‘Wii Sports of VR’. The announcement comes on the heels of its release of ForeVR Cornhole last month, the third game in its growing library of fun-for-all experiences.

The Series A round, led by Lobby Capital with participation from existing investors, including Bessemer Venture Partners and Galaxy Interactive, brings ForeVR’s total funding to date to $18.5M. Since launching in July 2020, ForeVR has attracted notable angel investments from Mark Pincus, founder of Zynga, and Emmett Shear and Justin Kan, founders of Twitch.

“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,” said Marcus Segal, CEO and co-founder of ForeVR Games. “Our new funding validates our work thus far and our vision for creating a new ‘Wii Sports of VR’ that brings everyone of ages together in hyper-realistic, immersive worlds.”

“The ForeVR Games team is expanding the global audience for VR by creating mass market, accessible games,” said Buddy Arnheim, Co-Founder and General Partner of Lobby Capital. “We look forward to partnering with this extraordinary team as they look to cement a position for themselves in VR that capitalizes on the interest in casual gaming the same way that Wii Sports did for Nintendo.”

Since summer 2021, ForeVR has increased its talent acquisition 3X, with a fully remote team of 44. In its first two years, the company has produced ForeVR Bowl and ForeVR Darts, two of the top sports titles on Meta (formerly Oculus) Quest. ForeVR also just launched ForeVR Cornhole in September 2022 and plans to release ForeVR Pool before the end of the year. To learn more about ForeVR Games, please visit: ForeVRGames.com.

About ForeVR
Founded by CEO Marcus Segal and CCO Mike Doom in July 2020, ForeVR Games is a global gaming company dedicated to making immersive games and experiences playable by people of all ages and abilities. To date, the company has raised $18.5M from Lobby Capital, Bessemer Venture Partners, Galaxy Interactive, Zynga founder Mark Pincus, and Twitch founders Emmett Shear and Justin Kan. The 44-strong team at ForeVR is creating category leading games that bring VR to the masses with next level social play, offering entertainment for everyone. ForeVR’s debut game, ForeVR Bowl, is one of CNET’s best Quest 2 games and one of Meta’s Best of Quest 2021 in the Family Games and Social Experiences categories.



WebWireID296108




 
 Forevr Games
 Funding
 Vr
 Lobby Capital
 Bessemer


This news content may be integrated into any legitimate news gathering and publishing effort. Linking is permitted.

News Release Distribution and Press Release Distribution Services Provided by WebWire.