Thursday, September 16, 2021

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AccelByte: Closes $10M Series A Funding Round

AccelByte Closes $10M Series A Funding Round

  • AccelByte, a Seattle, WA-based independently-operated backend and tools provider for live-service games, closed on $10m in Series A funding
  • The round was led by Galaxy Interactive, with participation from NetEase, KRAFTON, and Dreamhaven
  • The company intends to use the funds to expand its strategic partnerships
  • The company provides a white-label backend solution for game studios to develop, publish, and/or operate Games-as-a-Service (GaaS)
  • The company has partnered with major game publishers and developers such as KRAFTON, Deep Silver Volition, Bandai Namco, Gearbox, and Remedy
  • The company Cloud is a premium level live technology solution that simplifies game development, publishing, and operations
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