Playfab Raises $3.15M in Funding

playfabPlayfab, a Seattle, WA-based provider of tools and services for building and managing online games, raised $3.15m in funding.

The backers were not disclosed. According to a regulatory form filed with the SEC, the round amounts to $4m with approx. $845.8k which remains to be sold.

The company will use the funds to continue to expand operations.

Led by CEO James Gwertzman, and CTO Matt Augustine, PlayFab provides a cloud based backend service to build, launch, and grow live games. The solution features services like profile management, multiplayer servers and matchmaking, in-game commerce and marketplaces, analytics, server operations and management, etc.



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