CCR Games Raises $30 Million to Support Virtual Reality Projects

If Virtual Reality is to truly take off and be a success, then it has to have the support of game publishers and developers. With many companies exciting by what they can do with the technology there is a lot of interest.

Today reported once such company, CCR Games have managed to get funding to work on its virtual reality developments. With $30 million available to them led by companies such as New Enterprise Associates and Novator Partners LLP they will now be able to work on Virtual Reality games.

As part of the deal, also revealed that Harry Weller, the General Partner at New Enterprise Associates will also be joining CCP’s Board of Directors and that Andrew Schoen (also of the NEA) will be joining as Deputy Director.

CCP actually have a history of VR work already, and are developing EVE: Valkyrie that is aiming at a release that will coincide with the release of the Oculus Rift and PlayStation VR in 2016. CCP’s Shanghai studio are also said to be working on Gunjack. This game will be releasing to coincide with Samsung’s Gear VR platform, which is released this month.

“We believe VR will revolutionize not just videogames, but the wider technology and media industry as a whole,” said Hilmar Veigar Pétursson, CEO of CCP. “We were there at the beginning, and this investment will give us strength to maintain our leading development efforts.”

“We’ve been admirers of CCP for quite some time,” said Weller. “Their legacy with EVE Online and early investments in VR have put them in a leadership position, and we want to partner with them to further build on the great platform they have already established.”

Does all this interest in Virtual Reality give you confidence in the rise of Virtual Reality? Let us know your thoughts on the platform below.