HTC investing 5 million into Steel Wool Studios

HTC is continuing to invest heavily in building up the virtual reality ecosystem that it hopes to one day dominate.

Steel Wool Studios, an Oakland-based gaming studio 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 coming entirely from HTC, the manufacturer of the Vive virtual reality headset. Link

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