Valve VR partner HTC invests $10 million in startup WEVR

The Taiwanese electronics company's commitment to its VR headset, the Vive -- developed in collaboration with Valve -- leads to an investment in a VR content company.

Vive VR headset maker HTC has invested $10 million in Los Angeles VR startup WEVR, which makes VR apps and a "media player" service to allow other VR developers to distribute their VR experiences to users. HTC now owns 15 percent of the company, as a result.

For its part, the company is hoping to get away from being just a smartphone maker, and VR is an important facet of that. In a recent interview with Polygon, HTC's Jeff Gattis said, "The overall goal for us is to level up the HTC brand... So when you think of HTC in, say, a year from now, you're not thinking, 'HTC is a smartphone company.' You're thinking, 'HTC is a great consumer tech company that makes VR, they make great smartphones, they make wearables.' It's really part of our diversification strategy."

The Vive VR tech is impressive; if you're interested in learning more about developing for it, this video shares lessons from a Valve-run Vive game jam.

Latest Jobs

Manticore Games

San Mateo, California
Senior Software Engineer - Mobile

Sony PlayStation

San Diego, California
Sr. Online Programmer

The Walt Disney Company

Glendale, California
Associate Marketing Manager - Walt Disney Games

Insomniac Games

Burbank, California
Accessibility Design Researcher
More Jobs   


Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter


Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Follow us


Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more