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CCP gets a 30 milion USD infusion for VR development

zMeul
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source: http://www.gamesindustry.biz/articles/2015-11-12-ccp-raises-usd30-million-to-support-vr-efforts

CCP Games, which recently divested itself of White Wolf Publishing, seems more focused on VR than ever before. Today, the company announced a very healthy round of financing to the tune of $30 million to further solidify its efforts around virtual reality. The funding was led by global venture capital firm New Enterprise Associates with participation from private equity firm Novator Partners LLP as well.

As part of the funding deal, Harry Weller, General Partner at NEA, has joined CCP's Board of Directors and Andrew Schoen, also of NEA, will be joining as Deputy Director.

...

"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."

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CCP lives to fight another day

but .. I'm still not convinced about VR; maybe this problem will not exist but I feel like ValvE, FaceBook, Sony will drive their own hardware alongside their own implementation - this will lead to fraturing

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who are/is CCP?

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Ccp prints money why are they getting an investment :S

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"Who's CCP? They sound familiar..." Oh wait, they're the people responsible for Spreadsheet Simulat-- I mean, EVE online. Those guys make money hand over fist, why did someone feel the need to give them even more money? NEA is a venture capital firm, so I would hope they know what they're doing, but I can't see this being a worthwhile investment.

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Posted

I read CCCP and was like what? 

Shhh. You don't want to end up in a VR development gulag   :ph34r:

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I read CCCP and was like what? 

This codec pack came to my mind lol.

http://www.cccp-project.net/

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