Accelbyte Closes $10 Million Series A Round With Galaxy Interactive, Netease, Krafton, And Dreamhaven

Sep 09, 2021•almost 4 years ago

Amount Raised

$10 Million

Round Type

series a

Seattle

Description

AccelByte, an independently-operated backend and tools provider for live-service games, announced today that it has closed on $10 million in Series A funding. The raise was led by Galaxy Interactive, with additional funding from leading game companies NetEase, KRAFTON, and Dreamhaven, enabling AccelByte to expand its strategic partnerships while continuing to demonstrate its success as a comprehensive white-label backend solution for game studios to develop, publish, and/or operate Games-as-a-Service (GaaS).

Company Information

Company

Accel Byte

Location

Seattle, Washington, United States

About

AccelByte, Inc. is a scalable, single tenant and customizable solution for game backend services. With a creative, practical, and customer-forward approach, AccelByte is a disruptive white-label resource for live-service games. The company mission is to provide accessible, best-in-class AAA quality tools and game platform technology for creators to develop and operate world-class online gaming and entertainment experiences. AccelByte is independently-operated and has partnered with major game publishers and developers such as KRAFTON, Deep Silver Volition, Bandai Namco, Gearbox, and Remedy. AccelByte prides itself on providing a dedicated, unique environment and full ownership of player data for every partner. AccelByte is committed to creating a stronger games industry with a cutting-edge approach and without artificial limits for the future of interactive online entertainment. Seattle-based AccelByte was founded in 2016 by industry veterans who engineered online systems for some of the largest game and distribution platforms in the world—Epic Games, Xbox, PlayStation, and EA. For more information, visit accelbyte.io.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech