Gaming

Niantic buys competitive gaming platform Mayhem

Niantic buys competitive gaming platform Mayhem

Pokémon GO creator Niantic has acquired a small SF gaming startup building a league and tournament organization platform to help gamers create their own communities around popular titles. Mayhem was in Y Combinator’s winter 2018 batch and went on to raise $5.7 million in funding, according to Crunchbase. Other backers include Accel, which led the […]

Sony to launch PlayStation 5 in India on February 2

Sony to launch PlayStation 5 in India on February 2

Sony said on Friday that it will launch the PlayStation 5 in India on February 2, suggesting improvements in the supply chain network that was severely impacted last year because of the coronavirus pandemic. The Japanese firm said it will begin taking pre-order requests for the new gaming console in India, the world’s second largest […]

How Niantic evolved Pokémon GO for the year no one could go anywhere

How Niantic evolved Pokémon GO for the year no one could go anywhere

Pokémon GO was created to encourage players to explore the world while coordinating impromptu large group gatherings — activities we’ve all been encouraged to avoid since the pandemic began. And yet, analysts estimate that 2020 was Pokémon GO’s highest-earning year yet. By twisting some knobs and tweaking variables, Pokémon GO became much easier to play […]

Social gaming platform Rec Room scores $20 million Series C

Social gaming platform Rec Room scores $20 million Series C

Social gaming platform Rec Room has scored some new funding as it aims to bring its once VR-centric world to every major gaming platform out there. The startup has closed a $20 million Series C led by Madrona Venture Group . Existing investors, including First Round Capital, Index, Sequoia and DAG, also participated in the […]

Remote physical gaming site Surrogate.tv raises a $2.5M seed round

Remote physical gaming site Surrogate.tv raises a $2.5M seed round

I was made aware of Surrogate.tv’s work earlier this year when the site released a Mario Kart Live: Home Circuit tournament. Nintendo’s IRL take on its popular racing title was a great showcase for the technology — though, admittedly, there was enough lag in the remote operation to make control something of an issue. Of […]

Daily Crunch: Discord raises $100M

Daily Crunch: Discord raises $100M

Discord announces a big funding round, Google gets European approval to acquire Fitbit and Twitter launches a new voice-based feature. This is your Daily Crunch for December 17, 2020. Discord raises $100M The popular gaming chat platform confirmed today that it has raised $100 million and also announced that it has 140 million monthly active […]

Parsec raises $25M from a16z to power remote work and cloud gaming

Parsec raises $25M from a16z to power remote work and cloud gaming

Parsec, a startup that’s built streaming technology for both work and play, is announcing that it has raised $25 million in Series B funding. This brings Parsec’s total funding to $33 million, according to Crunchbase. The round was led by Andreessen Horowitz, with the firm’s general partner Martin Casado joining the board. Previous investors Lerer […]

IPO delays are bumming me out

IPO delays are bumming me out

Roblox is on ice and Affirm could slip, alas A spurt of delays could derail the end-of-year IPO cavalcade, pushing some major flotations into 2021 and possibly complicating next year’s public-liquidity run. On Saturday, the NYT reported that gaming development platform Roblox would delay its IPO into the new year. Its CEO informed employees that […]

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