Survios Finds $50M More For VR Game Efforts

Culver City-based Survios, a developer of virtual reality game titles, said this week that it has raised $50M in a Series C funding. The funding was led by MGM, and also included prior investors Lux Capital, Shasta Ventures, Danhua Capital, Shanda Holdings, Felicis Ventures and Dentsu Ventures. Gary Barber, the Chairman and CEO of MGM, has joined the company's board as a result of the investment.