First Contact Entertainment has raised $5 million to make high-end virtual reality games.
The Los Angeles company has recruited a team of developers from game companies like Starbreeze, Blizzard, Treyarch and Infinity Ward. The financing will fuel the company’s ambitions to create exceptional narrative-driven content that raises the bar for quality in VR gaming with a commitment to push the limits of graphics, gameplay and storytelling. The company is one more example of the record amount of venture capital going into VR startups.

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