raises

Bayes Holding Raises $6M Investment to Expand Esports Data Offerings

Berlin-based gaming and esports data provider Bayes Holding (formerly DOJO Madness) secured a $6M USD financing round to further expand the data and content offering on its platform and develop new platform features that benefit both data suppliers and consumers. Participants in the investment included the Pohlad Family investment group, Fertitta Capital, Sony Innovation Fund, and other sports and media investors. According to its own statements, Bayes turned profitable in 2020, driven by significant continued year-over-year revenue growth following the company’s restructuring at the beginning of this year. In January,

EsportsLAB Raises $1.08M to Accelerate Esports Performance Analytics Software Development

Polish esports performance analytics startup EsportsLAB raised a zł4M PLN ($1.08M USD) investment from the zł50M ($13.45M) Satus Starter venture capital fund. Satus Starter is primarily funded by the European Union, which contributed zł40M ($10.76M) or 80% to the fund size. EsportsLAB, which is the fund’s third investment, plans to use the investment proceeds to accelerate the development of its performance analytics software and increase the scale of marketing activities. The machine learning-based solutions EsportsLAB is developing in cooperation with several universities to cover training of game-dependent techniques, monitoring dietary

Epic Games Raises a $1.8B Funding at a Post-Money Equity Valuation of $17.3B

Fortnite developer Epic Games announced a $1.78B USD corporate venture round consisting of primary capital and secondary purchases from employee equity holders. The investment puts the company’s post-money equity valuation at $17.3B, up roughly 15% compared to its $15B valuation in 2018 when Epic Games raised a $1.25B round. The funding round includes a $250M strategic investment made by Sony Corporation in July. Participants in the investment round included UK investment management firm Baillie Gifford (roughly $250B under management), funds and accounts managed by BlackRock (roughly $7.4T under management), Fidelity

Infinite Fleet Raises $3.1 Million in Oversubscribed Round Led by…

HONG KONG (PRWEB) August 06, 2020 Infinite Fleet, the revolutionary sci-fi massively multiplayer online (MMO) strategy game created by Blockstream CSO and Pixelmatic CEO Samson Mow has completed a funding round totaling $3.1 million through a private security token offering (STO). Infinite Fleet is an online strategy game in which thousands of players command fleets of customizable spaceships and play cooperatively to fend off an alien threat, leaving their legacy in the game’s lore via its unique directed narrative feature. The game draws inspiration from space real-time strategy (RTS) and

YouTube TV’s Live Streaming Service Raises Its Prices

The live streaming service YouTube TV, which is owned by Google, is set to increase the monthly price to its service. Starting today, it will cost new customers $65 a month. Those who already have YouTube TV will not see the price change on their statements until on or after July 30.The service has been making many changes this year, and the cost increase will reflect the improvements to the service, according to YouTube. "We don't take these decisions lightly, and realize how hard this is for our members," the

Crysis Remastered Release Date, Screenshots, And Trailer Leak Online

More details about Crysis Remastered have leaked ahead of a bigger reveal on July 1.A listing on Xbox Live reveals the game's supposed release date, July 23, while the page also contains the game's first screenshots and its debut trailer. The trailer is available below, as spotted by Wario64 on Twitter. You can see the first three screenshots further down the page.The description for Crysis Remastered states that the game will have "remastered graphics optimized for a new generation of hardware." It will be about 7 GB, according to the

Crysis Remastered Will Debut Gameplay This Week, Watch It Here

Crysis Remastered was officially revealed with a teaser a few weeks ago, but this week we'll finally get to see exactly what the nearly 13-year-old game will look like with some improved graphical features.The gameplay debut for Crysis Remastered is set for July 1 and will go live at 12 PM ET / 9 AM PT / 6 PM CEST. Although no details about what will be shown have been shared, Crytek did reveal in its initial announcement that the remaster will introduce a "hardware and API-agnostic ray tracing solution,"

Big Hades Update Out Now–The Final One Before The Game’s 1.0 Launch

Supergiant Games has released a new update for Hades and it's one of the game's largest to date. In both the full patch notes and trailer for the update, Supergiant reveals that this will be Hades' final update in early access--there will be one more follow-up patch "to address any lingering issues" but the next full update will be the official launch of the game.This latest update adds a boss fight, hidden forms for certain weapons, enemies, mini-bosses, boons, and new types of upgrades to Hades. It also implements new

GCX Charity Event Raises More Than $6 Million For St. Jude’s Children’s Hospital

Over the last several weeks, the Florida-based gaming event GCX has been hosting gaming livestream marathons on several different platforms, including Facebook, Mixer, and Twitch. All donations go toward St. Jude Children's Research Hospital, and thus far, organizers have raised more than $6 million.The majority of that money has come from Twitch donations since June 14, and they wrap up today. From June 12 through June 14, they took place on Mixer, and were held on Facebook from June 5 through June 7. Segments have included big-name streamers and creators

Kahoot raises $28M for its user-generated educational gaming platform, now valued at $1.4B

As schools stay closed and summer camp seems more like a germscape than an escape, students are staying at home for the foreseeable future and have shifted learning to their living rooms. Now, Norwegian educational gaming company Kahoot — the popular platform with 1.3 billion active users and over 100 million games (most created by users themselves) — has raised a new round of funding of $28 million to keep up with demand. The Oslo-based startup, which started to list some of its shares on Oslo’s Merkur Market in October