Overwolf has announced that it has raised $52.5 million and launched CurseForge Core, a User Generated Content as a service platform. Overwolf is a platform that enables gaming fans to build mods and tools for all kinds of PC games.
CurseForge Core will now provide an SDK for game developers, which will then integrate itself into the game and function as a gateway for users to discover and install mods in-game, across all platforms.
CEO of Overwolf, Uri Marchand had this to say about CurseForge Core,
We are at a new user-generated content inflection point, and the strong growth of gaming lies largely in the hands of “in-game creators,” a term we coined to categorize this new generation of in-game app creators and mod authors. The more content and customizability a game has, the more likely a gamer will keep experiencing its content and by that extending the longevity of the game and generating more value for game developers and publishers in the long run.
By offering CurseForge Core, we are accelerating the community-created content movement by enabling publishers to easily integrate mods safely and seamlessly into their existing and new games. With the backing of the most notable investors in the space, we are confident that the Overwolf platform will lay the groundwork for a new era of AAA game creation
The Series C round was co-led by Griffin Gaming Partners and Insight Partners, where the former is a VC that specializes in gaming content. However, there were other investors that helped raise the money which include Ubisoft, Warner Music Group, Meg Whitman, Gen.G Co-Founder, Kevin Chou, and existing investors Marker, Intel Capital, Liberty Technology Venture Capital, and Atreides Management
Overwolf’s CurseForge Core offers the following benefits:
- Cross-Platform Modding — Integrate Overwolf’s open-source SDKs and plugins to let players discover and install mods in-game, across all platforms and storefronts.
- Full Analytics Dashboard — Get a full modding usage dashboard to learn which mods are popular. Gather insights on what content players find enjoyable, which genres are trending, and much more.
- Safe and Secure Moderation — Each mod submitted is scanned for viruses or inappropriate content. Defined policies and guidelines on what is permitted are enforced by Overwolf, and only authorized content is published.
- Creator Relations and Payment — CurseForge supports creators with Author Rewards Program, fund investments, developer contests, and hackathons.
Nick Tuosto, Co-Founder of Griffin Gaming Partners and Managing Director at LionTree commented,
Similar to how developers use Unity to build a game, we see Overwolf as the framework for everything UGC related to games. Overwolf allows for one of the only means of monetization for the thousands of creators, in turn, this translates to increased engagement for the publishers and more content for gamers. Services like Overwolf set the stage for the industry to see a new generation of user-generated content and we are excited to invest in the leading company moving this space forward.
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