Quantcast
loading
loading

Dark or Light
logo
Logo
Playable Worlds Logo

Playable Worlds

Playable Worlds | Official Site

0.0

Average User Hype

0 Votes

Login to cast your rating!

Playable Worlds Raises $10M for Cloud-Native Sandbox MMO

Studio headed by Raph Koster

By Poorna Shankar on June 12, 2020 | News | 0

It looks like Playable Worlds has closed Series A funding, raising $10 million towards their cloud-native sandbox MMO.

The MMO is being developed  ground up for the cloud, “ultimately opening a pathway to brand new kinds of gameplay and game experiences in worlds that feel more real and immersive than previously imagined,” as described in the accompanying press release.

The team includes industry veteran Raph Koster who is the CEO of this venture. You may recognize his name as he’s the designer of Ultima Online and Star Wars Galaxies. He shared some thoughts on the milestone,

“Now that we have our foundational technology, we're moving into production on our innovative lead title and original IP. The support from Galaxy Interactive and BITKRAFT enables us to hire staff and push the boundaries of what an online world can be, reinforced by best practices for persistence, engagement, and retention to build a game that lasts.”

The funding was led by interactive content and technology investor Galaxy Interactive via its Galaxy EOS VC Fund, a partnership with EOSIO blockchain software publisher, Block.one. To learn more, check out their official site.


ShankTheTank

Poorna Shankar

A highly opinionated avid PC gamer, Poorna blindly panics with his friends in various multiplayer games, much to the detriment of his team. Constantly questioning industry practices and a passion for technological progress drive his love for the video game industry. He pulls no punches and tells it like he sees it. He runs a podcast, Gaming The Industry, with fellow writer, Joseph Bradford, discussing industry practices and their effects on consumers.