Coherence raises $8M for multiplayer network technology
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Coherence said it raised $8 million in funding for its low-latency multiplayer network technology for game developers.
Griffin Gaming Partners led the investment to support the development of Coherence‘s network technology that makes multiplayer game development accessible to all developers, said Dino Patti, CEO and cofounder of Coherence, in an interview with GamesBeat.
The Malmö, Sweden company said the funding will help it grow its team and roll out its technology to game creators with the hope of democratizing the development of real-time multiplayer experiences.
Patti, the former CEO of Playdead started the company in 2018 with Tadej Gregorcic, chief technology officer (and a science fiction fan), and Senta Jakobsen, chief operating officer. They’re all veterans of well-known companies. Patti said he started the firm after a number of conversations with former Unity CEO David Helgason.
A number of other investors participated in the round. Griffin is the largest game-focused venture capital fund with more than $750 million in its second fund.
Patti said Coherence is an open, easy-to-use, and highly scalable platform for building multiplayer games and virtual worlds. Coherence will initially launch with a Unity software development kit (SDK) and plug-in (with other platforms to follow).
He said it allows developers to have a working multiplayer prototype running in a matter of minutes.
“We are thrilled to be working with the talented team at coherence to create the next generation of multiplayer technology for games,” said Anthony Palma, partner at Griffin Gaming Partners (and an excellent Warzone player).
Read more on venturebeat.com
