Coherence Secures $8 Million Investment For Groundbreaking Multiplayer Technology
Funding led by huge investor, Griffin Gaming Partners.
Coherence has just gained another huge investment. For those who have yet to hear about the up-and-coming company, coherence is creating an easy-to-use network engine and highly scalable platform for building multiplayer games and virtual worlds. Their mission is to give any game developer, no matter their technical skill, the power to make a connected game. The platform is meant to make creating, testing, and deploying networked games easier than ever before. A lofty goal indeed, but with another $8 million in funding to support the development, coherence seems to be on the right track.
The funding this round was led by Griffin Gaming Partners–a huge investor with an investment portfolio that includes both Discord and Overwolf–as well as more participation from a ‘strong group’ of additional investors. “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. “As a former game developer, I know the challenges Dino [CEO and co-founder of coherence] and his team are addressing for creators firsthand. We are excited to see them empower more game makers to build scalable and complex multiplayer experiences with coherence.”
This round of funding is said to support coherence as it continues to grow its team and roll out its technology to game creators while offering exciting opportunities to democratize the development of real-time multiplayer experience. The company currently has a number of new job openings on their site which is a great sign for a new company. If you would like to learn more, head over to coherence's site, and if you want to read other investing news, please read the article on how Sony and A LEGO Group Investment Company have recently Invested $1B Each Into Epic Games.
About the Author
Aspen is an avid gamer and Twitch streamer currently residing in Japan. She is most attracted to games narrative design and is a huge fan of player choice in games. If Aspen is not playing games, she is most certainly writing about them.
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