What is AccelByte?
AccelByte offers an extensible game backend designed to support cross-platform accounts, matchmaking, in-game stores, and analytics, empowering game developers to build robust online gaming experiences. Their platform is utilized by numerous leading AAA game studios, supporting tens of millions of players. AccelByte Cloud is built on a massively scalable microservices architecture, providing a comprehensive suite of tools including AccelByte Blackbox for game health monitoring, crash reporting, performance analytics, and build distribution.
How much funding has AccelByte raised?
AccelByte has raised a total of $70M across 2 funding rounds:
Series A
$10M
Series B
$60M
Series A (2021): $10M with participation from Kraftton, NetEase, Dreamhaven, and Galaxy Interactive
Series B (2022): $60M led by NetEase, SoftBank Vision Fund 2, Galaxy Interactive, and Sony Interactive Entertainment
Key Investors in AccelByte
Sony Interactive Entertainment
Recognized as a global leader in interactive and digital entertainment, Sony Interactive Entertainment (SIE) is responsible for the PlayStation® brand and family of products and services. PlayStation has delivered innovation to the market since the launch of the original PlayStation in Japan in 1994. The PlayStation family of products and services include PlayStation®4, PlayStation®VR, PlayStation®Vita, PlayStation®3, PlayStationStore, PlayStation®Plus, PlayStationVideo, PlayStationMusic, PlayStationNow, and acclaimed PlayStation software titles from SIE Worldwide Studios. Headquartered in San Mateo, California, SIE is a wholly-owned subsidiary of Sony Corporation and has global functions in California, London and Tokyo.
SoftBank Vision Fund 2
SoftBank Vision Fund 2 is a technology-focused investment fund that backs visionary companies shaping the future of technology and innovation across various sectors.
Galaxy Interactive
Play the Future. Galaxy Interactive is a leading sector-focused VC investing in interactive entertainment, at the intersection of content, social, finance and technology.
What's next for AccelByte?
With its recent Series B financing, AccelByte is well-positioned to scale its operations and enhance its offerings. The substantial backing from strategic investors like Sony Interactive Entertainment and SoftBank Vision Fund 2 indicates strong market confidence in AccelByte's technology and business model. This capital will likely be directed towards expanding its engineering teams, accelerating product innovation, and broadening its market reach to support an increasing number of game developers and titles globally. The company's focus on providing a comprehensive and scalable backend solution addresses a critical need in the rapidly evolving online gaming industry.
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