Unity Technologies Raises $12M in Series B Funding

Unity Technologies, a San Francisco, CA-based provider of a development platform for games and interactive 3D on the web, iOS, Android, consoles and beyond, raised $12m in a Series B financing.

The round was led by WestSummit Capital (China) and iGlobe Partners (Singapore), with participation from existing investor Sequoia Capital.

In conjunction with the funding, Raymond Yang, Founding Partner and Managing Director of WestSummit Capital, will join Unity Technologies’ board.

The company intends to use the funding for technology advancements and expansion into Asia. Unity is currently hiring engineers, introducing new initiatives, like the Asset Store digital content marketplace and Union game distribution service, and expanding into verticals such as Military and Visual Simulations, Gambling, and Media and Brand Companies.

Led by David Helgason, Co-Founder and CEO, the company provides a development platform to create games and interactive 3D, like training simulations and medical and architectural visualizations, on the web, mobile, consoles and others. It has more than 500,000 registered users worldwide — including Bigpoint, Cartoon Network, Coca-Cola, Disney, Electronic Arts, LEGO, Microsoft, NASA, Nickelodeon, Ubisoft, Warner Bros., large and small studios, indies, students and hobbyists.

The company has development offices worldwide.



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