Gamefam raises $25M to build games for Roblox
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Gamefam has raised $25 million in venture funding to build games on Roblox in another sign of the growth of user-generated content.
Joe Ferencz, CEO of Gamefam, said in an interview with GamesBeat that he believes his studio is the first Roblox developer to cross more than 125 game developers. The Los Angeles company specializes in making games that pair up native Roblox developers with brands that want to reach Roblox’s 55 million daily active users.
Konvoy and Play Ventures led the round, with participation from Makers Fund, Bessemer Venture Partners, and Galaxy Interactive.
“I think that it’s going to be an incredible growth segment for the video game industry at large,” Ferencz said. “I think everybody sees that you cannot deny the creative force of hundreds of thousands of citizen creators, bedroom developers, making content out of passion. That is going to lead to incredible ideas and to humongous franchises. These platforms like Roblox are giving these creators the tools to chase their own dreams and some of them will inevitably come up with things that are going to change the world of gaming and entertainment, as we know it.”
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Gamefam provides creators with tools, resources and processes to manage their games more effectively so creators can focus on big
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