Warner Music Invest in Game Platform Overwolf
Getty Images Overwolf, a platform that allows creators to build, distribute and monetize in-game apps, has raised $52.5 million led by Griffin Gaming Partners and Insight Partners. The company, which is also announcing the launch of a new platform for user-generated content, additionally received financing from Ubisoft, Warner Music Group, former Quibi CEO Meg Whitman and Gen.G co-founder Kevin Chou. "Similar to how developers use Unity to build a game, we see Overwolf as the framework for everything UGC related to games," said Griffin Gaming co-founder and LionTree managing director Nick Tuo...
Source: billboard.com
