AccelByte Closes $10M Series A Funding Round

AccelByte

AccelByte, a Seattle, WA-based independently-operated backend and tools provider for live-service games, closed on $10m in Series A funding.

The round was led by Galaxy Interactive, with participation from NetEase, KRAFTON, and Dreamhaven.

The company intends to use the funds to expand its strategic partnerships.

Founded in 2016 and led by Junaili Lie, CEO, AccelByte provides a white-label backend solution for game studios to develop, publish, and/or operate Games-as-a-Service (GaaS). The company has partnered with major game publishers and developers such as KRAFTON, Deep Silver Volition, Bandai Namco, Gearbox, and Remedy.

The company’s proprietary architecture includes AccelByte Cloud, along with AccelByte enterprise and AccelByte Blackbox. AccelByte Cloud is a premium level live technology solution that simplifies game development, publishing, and operations, allowing teams to build faster, scale infinitely, and deploy without worry.

FinSMEs

09/09/2021