The company, founded in 2013, mostly produces lifelike VR games including “Raw Data.” Some industry watchers deemed the first-person shooter title the first hit VR game after it generated $1 million in one month after going on sale in July.
Survios will use the new cash infusion to support cross-platform play for the game. In addition, it will add titles and distribute overseas.
MGM’s support “puts us in a position to achieve our goal of becoming the leading publisher and content creator in Virtual Reality.” Survios CEO and Co-Founder Nathan Burba says.
Lux Capital led a 2014 funding round that raised about $4 million. Others that participated in that round include Shasta Ventures, Danhua Capital, Shanda Holdings, Felicis Ventures and Dentsu Ventures.