EVE Online dev raises $30 million to create more VR titles

Newsbrief: EVE Online developer CCP Games has raised $30 million to bolster its development of virtual reality games.

The cash will be used to better position the studio in an attempt to "drive innovation" in the VR sector.

CCP already has two VR titles in the works: EVE: Valkyrie , which will launch on the Oculus Rift and PlayStation VR early next year, and Gunjack , an arcade shooter that will make its debut on Gear VR later this month.

"We believe VR will revolutionize not just video games, 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."