Right now, in this fast-paced world, disruption is vital to the road of immortality. Gaming is one such sector that often needs to be disrupted, and the ascendance of gaming in the entertainment industry is just magnificent. Right from Magnavox Odyssey in 1972 to Playstation 5, game makers have proved that they’re capable of taking the technology to the next level.
With the humongous use of the Internet and mobile phones, the global gaming market is expected to generate around $196 billion by 2022. Most of the growth will be driven by the growing interest in the mobile game segment.
In this regard, Europe has established itself as a leader in a global gaming market hosting many established gaming studios as well as developers working on most creative and successful gaming apps.
Raised €2M to scale multiplayer resources
Recently, Rotterdam-based multiplayer gaming specialist Gameye raised $2.4 million (approx €2 million) funding led by Lakestar and Volta Ventures. It’s worth mentioning that both are new stakeholders in Gameye. This round brings the total amount raised to $4 million (approx €3.4 million) to date.
The Dutch gaming company is planning to utilise the fund to develop its technology that allows developers to scale the multiplayer games.
“Our team is thrilled we were able to convince new investors like Lakestar of Gameye’s mission and that previous investors renewed their trust in Gameye. By partnering with Lakestar and Volta Ventures we have added more world-class investors to our team, which enables us to cement Gameye as the technology leader in flexible, scalable multiplayer computing power,” said Gameye CEO Sebastiaan Heijne.
Partnered with major gaming online platforms
Founded by Denise Helderop, Elmer Bulthuis, Ralph Heersink, and Sebastiaan Heijne, Gameye provides the world’s largest infrastructure network to game studios and the ability to scale game sessions according to player demand. To be more specific, the company has created an Applications Programming Interface (API) that enables gaming companies to launch multiple games simultaneously with good matchmaking and solid infrastructure
The company has already partnered with the world’s major online tournament platforms such as FaceIT, Battlefy, Challengermode, and Toornament. Besides the funding round, Gameye is setting up its podium for its second digital conference – Industry Insight 2, bringing speakers from Microsoft, Paladin Studios, and Photon Engine.
Lakestar managing partner Mika Salmi added: ‘We are delighted to bring Gameye into Lakestar’s portfolio. Gameye’s tech is leading the world with its innovations in the rapidly growing cloud and multiplayer game sector. Any game company and developer that wants the best performance on a global scale needs to be on Gameye’s platform.”
Main image credits: Gameye