“But now we’re at an inflection point through games like Roblox and Minecraft.” Then the next phase was when IP holders and game developers released creation kits and allowed the community to build mods,” said Marchand on the panel on modding. “In the beginning hacking and trying to build mods based on reverse engineering games. Uri Marchand, CEO of Overwolf, recently spoke at our GamesBeat Summit Next event. The funding will be used to strengthen and grow the in-game creator ecosystem primarily through CurseForge Core, a “UGC as a Service” solution that enables game studios, intellectual property owners and in-game creators to prosper with game creations. Previous investors including Griffin Gaming Partners, Insight Partners, Intel Capital, Liberty Technology Venture Capital, and Marker participated. This era is fueled by in-game creators, a new generation of in-game app creators and mod authors.Īndreessen Horowitz (a16z) led the round. Overwolf believes that the industry is entering into a new era of gaming led by community-created experiences that are key to extending games’ longevity and player satisfaction. Overwolf was able to raise the money in part because of the enthusiasm around Roblox, the user-generated game platform company that went public in March at a $41.9 billion valuation.
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