Pragma, a backend game engine empowering studios to build scalable, live-service games, said it has raised $12.75 million in strategic funding raising.Pragma‘s funding included participation from the industry’s top venture firms and Square Enix, a global leader in game publishing and development. The new investment brings the company’s total funds raised to over $50 million.Los Angeles-based Pragma was founded by engineering veterans who built platforms for some of the largest live service games, including League of Legends and Destiny 2.The Pragma engine powers matchmaking, analytics, monetization, player data, and more, allowing developers to hone their creativity toward building games while offloading the complexity of building a stable multiplayer game infrastructure. Studios like Gardens Interactive, People Can Fly, Frost Giant Studios, Square Enix External Studios and more use Pragma to power their games.“This investment aligns with our commitment to support innovation and excellence in the gaming industry,” said Hideaki Uehara, general manager of investment and business development at Square Enix Holdings, in a statement. “Pragma’s cutting-edge solutions deliver seamless and scalable gaming experiences. We believe this collaboration will drive significant growth and innovation, benefiting both our company and the broader gaming community.”Pragma aims to make live service games scalable and stable.This investment marks a major milestone for Pragma and reinforces the ongoing success of Pragma’s mission to provide studios with the most robust and flexible game backend infrastructure. With this strategic round of investment, Pragma will further deepen its suite of live-service tools and services, and allow for strategic MA activity as needed

Pragma, a backend game engine, has acquired FirstLook, a playtester feature suite that tracks player engagement data. This integration allows developers to manage community engagement and track Steam keys without third-party tools. The acquisition aims to enhance game infrastructure and community building, benefiting developers in early access or beta stages. The integration timeline was not disclosed.