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Israeli gaming platform co Overwolf raises $52.5m Overwolf has built a platform that allows third party developers to create expansions and additions to PC games. Israeli gaming platform developer Overwolf has announced the completion of a $52.5 million Series C financing round co-led by Griffin Gaming partners and Insight Partners. Also participating in the financing round were gaming giant Ubisoft, Warner Music Group, Meg Whitman, Jibe Ventures, Kevin Chou, Intel Capital, Marker Fund and Liberty Media. The financing round was at a company valuation of $200 million and brings to $75 million ...

There is no doubt that the gaming sector is one of the biggest winners of the Covid-19 era. The number of players climbed by hundreds of percent due to global lockdowns and companies that are active in the space experienced an unprecedented surge. Israel is considered a global powerhouse in the gaming world, with companies such as Playtika, which recently went public at a valuation of $11 billion, among many others.  On Tuesday, one of the standout companies in the local industry, Overwolf, revealed that it had completed a $52 million series C round led by Insight Partners and Griffin Gamin...