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PortalOne raises $60M as it levels up to launch its hybrid, immersive gaming platform later this year

TechCrunch LA

Gaming has been one of the most popular entertainment categories in the last two years of pandemic living. Now, a gaming startup that’s building a new kind of platform that it thinks will be a — wait for it — game changer in the category is announcing some funding as to ride that wave of attention.

Platform 167
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Snap is channeling Asia’s messaging giants with its move into gaming

TechCrunch LA

Snap has taken a three-pronged approach: extending its stories feature (and ads) into third-party apps and building out its camera play with an AR platform , but it is the launch of social games that is the most intriguing. company is applying its own twist to the genre.

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Scopely raises $340 million at a $3.3 billion valuation as gaming grabs investors’ interest

TechCrunch LA

In a move to shore up institutional support in what’s likely to be it’s last fundraising as a private company, the Los Angeles-based mobile gaming behemoth Scopely has raised $340 million in its latest eye-popping round of funding. ” LA-based gaming studio Scopely raises $200M at a $1.7B valuation. .

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NZXT Gets $100M For Gaming PCs

socalTECH

City of Industry-based NZXT, a maker of custom, gaming PCs, has raised $100M in a strategic investment, the company said this week. NZXT's custom gaming PCs start at $799, but can be customized and can cost more than $3800. The funding came from private equity investor Franciso Partners.

Legalzoom 113
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Patron Picks Up $90M For Games, Consumer, Web Investments

socalTECH

According to Patron, its first fund, Patron Fund I, will go to investments into Web 3 (P2E/NFTs) and consumer categories such as education, fitness, personal finance, and more. Yeh and Cho said that they have served across such companies as Riot Games, FirstMark Capital, and Andreessen Horowitz.

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Insights: Mobile Gaming Founders Blazing New Trails

socalTECH

Today, we have an opinion piece from Ed Guerrero of Silicon Valley Bank, on the mobile gaming industry. This blog post highlights a trend I'm seeing here in Los Angeles: Established mobile gaming founders are leveraging their deep mobile expertise, including performance marketing, into new non-gaming verticals.

Mobile 113
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7 Keys To A Winning Business As A Phone App Developer

Startup Professionals Musings

We all hear about the big winners, such as the game Clash of Clans , which has now surpassed $1 billion in yearly revenue, and the smartphone version of Skype , which is making huge money through credits as an extension of the website version. According to Tim Cook at Apple, there are over 34 million registered developers in 2022.

Develop 138