AccelByte

AccelByte

Backend platform for online game development

About AccelByte

Simplify's Rating
Why AccelByte is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Cybersecurity

Gaming

Company Size

201-500

Company Stage

Series B

Total Funding

$68.1M

Headquarters

Redmond, Washington

Founded

2016

Overview

AccelByte offers a platform for game developers to create online games, focusing on providing backend development solutions for game studios. Their scalable microservices architecture allows studios to build games for millions of players while managing technical complexities. Key features include player matchmaking, community building, and game metrics visualization, all while ensuring data security and privacy. The goal is to streamline the game development process, enabling studios to efficiently launch and manage their games.

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Simplify's Take

What believers are saying

  • Increased demand for cross-platform play boosts AccelByte's scalable backend solutions.
  • AccelByte's partnerships in Web3 gaming open opportunities for decentralized technology integration.
  • The gaming industry's shift to live service models aligns with AccelByte's core offerings.

What critics are saying

  • Emerging Web3 platforms like Infinitar may attract developers away from AccelByte.
  • Rapid blockchain evolution could outpace AccelByte's current technology offerings.
  • Partnerships for metaverse projects may stretch AccelByte's resources and focus.

What makes AccelByte unique

  • AccelByte offers a massively scalable backend platform for live game services.
  • The platform supports cross-platform matchmaking and cloud progression for seamless player experiences.
  • AccelByte's ISO 27001 certification highlights its commitment to data security and privacy.

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Funding

Total Funding

$68.1M

Above

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$60M
AccelByte
$65M
Substack
$100M
ClickUp

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

0%

2 year growth

7%
Bitcoin World
Oct 11th, 2024
Web3 MOBA Game Infinitar Raises $9M in Series A Funding

Web3 MOBA multiplayer online battle arena game, Infinitar, raises $9 million in Series A funding, achieving a $150 million post-money valuation. The round was co-led by Lam Group and AccelByte, with support from Waterdrip Capital, AC Capital, DEX Ventures, and Mason Labs.

The Life Voyager
Oct 10th, 2024
Infinitar Raises $11.9 Million in Funding, Led by Lam Group and AccelByte, with Waterdrip Capital Participating

Infinitar raises $11.9 million in funding, led by Lam Group and AccelByte, with Waterdrip Capital participating.

ID Planet
Sep 18th, 2024
ID Planet | ID PLANET WHITEPAPER

ID Planet is a Web3 GameFi EVM blockchain network focused on the GameFi ecosystem, featuring Centralized Contract Exchanges, Decentralized Exchanges (DEX), Multi-Chain Wallets, and NFTs.

PR Newswire
Sep 20th, 2023
Yuga Expands Technical And Creative Partnerships To Assist In Expansive Vision For Otherside And Joins The Board Of Oma3 To Further Interoperable Metaverse Standards

Hadean, AccelByte, Bad Rhino, and Faraway come together to help build a technologically versatile Otherside.Yuga joins forces with OMA3 in a first-of-its kind partnership to continue to pave the way for a highly interoperable metaverse platform.MIAMI, Sept. 20, 2023 /PRNewswire/ -- Yuga Labs , web3 leader and home of Bored Ape Yacht Club (BAYC), CryptoPunks, Meebits, and 10KTF, today announced new strategic partnerships that will propel the development of Otherside, the innovative interoperable metaverse from Yuga Labs.Otherside is a community-driven platform being designed for virtual experiences across web, 3D, and mobile, offering creators and players an active role in its creation, and enabling them to be seen and heard in ways they aren't today. These global partners bring together the technical and creative expertise to enable cross-platform, real-time engagement to realize the vision of Otherside.Hadean , the spatial technology company, will be critical in building the core high-density simulation and networking solutions, enabling high fidelity virtual experiences that will bring creators and players together at scale. AccelByte , a proven platform technology company, lends their massively scalable and extensible backend platform for live game services. Bad Rhino Studios brings their team of seasoned game developers, designers, artists, and engineers to help bring Otherside to life by allowing players to connect through social and dynamic virtual experiences, while Faraway will assist in developing moment-to-moment, engaging gameplay."A core objective of Otherside is to enable people to achieve their creative, experiential, and economic goals," said Eric Reid, General Manager of Otherside. "The key to delivering a disruptive product of this scale is deep collaboration with creators and technologists

Newswire
May 25th, 2023
Accelbyte Achieves Iso 27001 Certification

AccelByte Demonstrates Dedication to Security and Data Protection . .

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