Beamable Completes $5M Equity Funding Round to Expand Creator-Centric Platform for Live Games
Summary
Studios come to us because they need a platform built around Unity that makes it easy to deliver new content and features, drives social engagement and delights paying players.” Research analysts at GlobalData report that the $300 billion game industry is shifting toward an as-a-service business model. This transformation requires a new set of software infrastructure to enable game studios to perform content management, monetization and social experiences for their audiences. “And the decision to invest was made that much easier after we spoke to the studios that are currently using Beamable to power their game revenue while lowering their live-game operating costs by up to 75%.” To learn more about Beamable, visit https://beamable.com — a complete media kit that includes images and the company’s vision for live games may be found at https://beamable.com/media. The platform is tightly integrated with the Unity 3D engine, enabling game developers to focus on the creativity and differentiation of their products. Led by a team of game-industry and Software-as-a-Service veterans, Beamable is based in the Boston area, and backed by investors including Companyon Ventures, GrandBanks Capital and Defy.vc.
Funding
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