Overwolf News
27 articles
growth-positive
Keren Marom, co-founder of Beach Bum, was speaking in a panel held as part of Calcalist's gaming conference in collaboration with Google and Playtika. The panel also included: Schraga Mor, CEO of Plarium, and Uri Marchand, co-founder and CEO of Overwolf.
The article discusses the rapid evolution of the gaming industry, highlighting companies like Beach Bum, Plarium, and Overwolf. At the Calcalist Gaming Conference, industry leaders discussed challenges, monetization strategies, and the role of AI in game design. Beach Bum, acquired by Voodoo, has improved its monetization efforts. Plarium is reportedly in the process of being sold to Swedens Modern Times Group for up to $820 million, marking a significant growth milestone. Overwolf focuses on providing infrastructure for third-party developers, enabling them to enhance gaming experiences. The panelists emphasized the importance of innovation and adapting to rising user expectations to drive growth in the gaming sector.
Acquired-by
growth-positive
שיתוף פעולה ראשון מסוגו: Overwolf הישראלית תקים מערך מודים למשחק Sims 4 | כלכליסט
Overwolf, an Israeli company, has officially taken over the management of the content platform for the popular game Sims 4. The platform, called CurseForge, allows creators to build private applications, mods, and private servers for the worlds biggest games. This partnership between Overwolf and Maxis, the developer of Sims 4, provides a centralized platform for players to conveniently and uniformly install and control all mods. The content on the platform will be automatically updated and approved by Maxis, ensuring quality and safety. Overwolf aims to enhance the modding experience for Sims 4 players and support content creators throughout the process. This collaboration is a significant achievement for Overwolf and a global advancement in providing a platform for independent content creators.
Partners
growth-positive
Crey Games teams with Overwolf's Tebex to make game creation accessible
Crey Games has partnered with Overwolfs Tebex division to build an accessible and non-technical game creation platform. This collaboration will financially reward Creys game creators as users will be able to acquire and spend the platforms currency through a Tebex-powered web store. The first title to integrate this functionality is Time Travellin Zombies. Tebex helps game studios monetize their UGC communities and has processed over $500 million across its monetization platform. Crey Games was acquired by Overwolf for $29 million in March. Crey has 72 employees and aims to remove barriers in game creation.
Partners
growth-positive
הילד שהחליף דיסקטים עם חברים הקים פלטפורמת משחקים ששווה מאות מיליוני דולרים
Overwolf, a platform for creating, distributing, and monetizing mods, private servers, and applications for computer games, has grown significantly. The company now employs over 130 people and supports more than 1,000 games, serving around 98,000 independent creators. Overwolf has seen more than 15 billion downloads of mods and applications per year and has 31 million active users per month. The companys CEO, Uri Marchand, believes that the gaming industry, currently worth around $250 billion, is set to double by 2025.
CustomersExpand
growth-positive
סטארטאפ הגיימינג Overwolf צפוי לגייס כ-40 עובדים - וואלה! כסף
Overwolf, a company that has developed a platform enabling content creators to build mods, private servers, and applications for computer games and generate revenue, is continuing to grow and expand. The company is expected to recruit about 40 new employees over the next year. Overwolfs platform supports over 1,000 games and serves about 100,000 creators, with more than 15 billion downloads of mods and applications per year and 31 million active users per month. The company has raised over $150 million from several investors.
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growth-positive
Overwolf buys UK gaming monetization co Tebex
Israeli gaming platform Overwolf has acquired UK company Tebex for $29 million. Tebex provides a platform for game studios and creators to monetize private game servers. The acquisition supports Overwolfs aim of uniting the in-game creator community and empowering them to earn a livelihood from gaming. Through the acquisition, Overwolf expands into a new creator category - private server owners and creators. Tebex will continue to operate as a business unit within Overwolf and maintain its existing customer base.
Acquisition
growth-positive
שהר לוינשטיין עוזבת את הסוכנות שהקימה לטובת סטארט-אפ טכנולוגי בלעדי
Shahar Levinstein, one of the founders of the advertising agency Hooligans, is leaving the agency to join the gaming startup Overwolf as Creative Marketing Director. In her new role, she will be responsible for Overwolfs global marketing, with an emphasis on major branding moves and activations for in-game creators and gamers around the world. Overwolf has developed a platform that allows content creators to build, distribute and generate profits from applications, mods and add-ons for video games.
Management Changes
growth-positive
Overwolf raises $75 million from a16z to strengthen in-game creator ecosystem
Overwolf, a platform for creators to build, distribute, and monetize in-game apps and mods, has raised $75 million in a Series D round led by Andreessen Horowitz. The funding will be used to strengthen and grow the in-game creator ecosystem, primarily through CurseForge Core. Overwolf believes that community-created experiences are key to extending games longevity and player satisfaction. The company offers a white-label solution, CurseForge Core, to facilitate community-created content and provides a full-service user-generated content experience for game developers. Over 87,000 creators are currently using the Overwolf framework, and the company expects to pay out $29 million to in-game creators in 2021.
Investment
growth-positive
Overwolf launches $50M fund for community-built gaming mods
Overwolf has launched a $50 million fund to support community-created mod experiences for games. The first recipient of the fund is Stray Bombay, the maker of the upcoming co-op shooter The Anacrusis. Overwolf is a profitable modding platform for game developers and publishers. The fund comes from a portion of the $52.5 million that the company raised in March. Overwolfs CurseForge Core platform allows game companies to integrate user-created mods into their games. The company plans to invest in in-game app creators, mod authors, and game studios that integrate mods into their titles. Overwolf has grown significantly and currently employs 88 people. The company is in talks with big companies to create modder ecosystems around popular games.
Investment
growth-positive
Overwolf will pay out $29M to mod and app creators in 2021
Overwolf, a Tel Aviv-based company, has rebranded itself as a guild of in-game creators. The company expects to pay out $29 million to players who create items to buy and sell in video games. Overwolf provides services to modders and in-game app creators, and it plans to triple its payouts to third-party creators this year. The company raised $52.5 million in March to expand its modding platform for game developers and publishers. Overwolf aims to integrate creators with game studios, making it easier for developers to manage and create a community. The company believes in the future of user-generated content and the participation of the community in the creation and enhancement of triple-A games. Overwolfs CurseForge Core platform, which it acquired in June 2020, provides a software development kit for game developers to integrate mods safely into existing or new games. The company is running at a pace of 25 million gamers this year and plans to employ 100 employees by the end of the year.
InvestmentExpand
growth-positive
https://www.esportstalk.com/news/overwolf-and-fuze-tv-sponsoring-upcoming-rainbow-six-north-american-league/
Fuze.tv has announced a partnership with Ubisoft for the Rainbow Six North American League Stage 1 competition. The sponsorship includes a Clips of the Week contest, where gamers can upload their best in-game clips to be featured in the weekly live broadcast of the event. Fuze.tv was built on Overwolfs all-in-one platform for creating, editing, distributing, and monetizing in-game apps and mods. Overwolf is becoming a significant player in the gaming world, with its platform offering a variety of built-in apps.
Partners
growth-positive
Gaming giant Ubisoft takes part in Overwolf's $52 million series C
Overwolf, a gaming company based in Israel, has completed a $52 million series C funding round. The round was led by Insight Partners and Griffin Gaming partners, with participation from gaming giant Ubisoft and HPE CEO Meg Whitman. Other participants included Warner Music Group, Jibe Ventures, Gen G. chairman Kevin Chou, and previous backers Intel Capital, Liberty Technology Venture Capital, and Marker. Overwolf has raised a total of $75 million to date and had an enterprise value of $200 million prior to the funding round. The company provides a platform for creators to build, distribute, and monetize in-game apps and mods for existing PC games. Overwolf also recently acquired the CurseForge platform from Twitch, which allows third-party developers to develop game mods.
InvestmentAcquisition
growth-positive
גיימינג כחול לבן: הכירו את Overwolf
Israeli gaming company Overwolf has acquired CurseForge, a leading platform for managing mods, from Twitch, owned by Amazon. Overwolf, founded in 2010, initially developed a platform for creating and monetizing apps and mods for computer games. The company now supports more than 30,000 content creators and around 90,000 different apps and mods, with around 15 million active players per month. Overwolf has seen a 400% increase in users in the past year.
Acquisition
growth-positive
Office Tour: Overwolf Offices - Ramat Gan
SwitchUP created an office design for Overwolf, a software platform for gaming developers. The design incorporates gaming elements and provides spaces for relaxation, collaboration, and meetings. The office reflects Overwolfs focus on gaming and tools for gamers. The design includes a lounge area with a vintage arcade machine, a kitchen and dining area for eating and collaborating, and a central eating area that can also be used for staff meetings. The office design aims to capture Overwolfs playful and edgy tech company culture while maintaining a professional atmosphere.
Partners
growth-positive
Overwolf Launches New CurseForge App Ahead of WoW Shadowlands Expansion
Victoria Police has signed an agreement with the Esports Integrity Commission (ESIC) to receive real-time information alerts on suspicious betting activity in esports. The agreement aims to deter match-fixing in esports by allowing detectives to commence investigations as soon as possible. ESIC is a not-for-profit organization focused on preventing and prosecuting cheating in esports. Victoria Polices Sporting Integrity Intelligence Unit (SIIU) conducted the first Australian law enforcement investigation into match-fixing in esports in 2019. The agreement signifies the alignment between ESIC and Victoria Police in their efforts to disrupt, prevent, and prosecute match-fixing in esports.
Partners
growth-positive
In-game app-development platform Overwolf acquires CurseForge assets from Twitch to get into mods
Overwolf has acquired Twitchs CurseForge assets to provide a marketplace for modifications. The acquisition positions Overwolf as the industry standard for building in-game creations. Overwolf has around 30,000 developers who have built 90,000 mods and apps on its platform. The CurseForge mod manager will become a standalone desktop app included in Overwolfs suite of app offerings. The acquisition will not affect existing tools and services. Overwolf previously raised $16 million in funding from Intel Capital and partnered with Intel on a $7 million fund for app and mod developers. Other investors in Overwolf include Liberty Technology Venture Capital.
Partners
growth-positive
Overwolf acquires Twitch's mod repository CurseForge
Overwolf has acquired CurseForge, the biggest repository of mods for video games, from Amazons Twitch division. This acquisition allows Overwolf to expand its platform for in-game apps to include mod tools for development and monetization. Overwolf plans to support mod authors by providing them with infrastructure and financing, and aims to pay CurseForge mod authors 50% more than their current earnings by 2022. Overwolf has raised $23 million in funding and has a large user base of 12 million monthly active users. The CurseForge mod manager will become a standalone desktop app under Overwolfs catalog. The acquisition will help make mod making a viable career for creators and provide more opportunities for earning money from playing or modifying games.
Partners
growth-positive
Gaming Software Startup Overwolf Expands Into New Offices
Tel Aviv-based gaming startup Overwolf Ltd. has signed an agreement to lease a new office space in Ramat Gan. The company plans to grow its team in Israel from 68 to 100 employees. The new office will cost approximately NIS 1.7 million annually. Overwolf develops a service that allows third-party developers to create modifications for PC games, which are available through their app store. The company has raised $21.3 million to date.
Expand
growth-positive
Overwolf and Intel invested $2 million in 25 indie dev apps in past year
Overwolfs Developer Fund has invested $2 million into 25 projects that enhance the PC gaming experience. The fund was created in partnership with Intel and aims to support developers working on game applications, modifications, and services. Overwolf provides cash, marketing services, quality assurance support, and product advice to the funded projects. The fund still has millions in funding available and is accepting new applications on a monthly basis. Some of the funded projects include a multiplayer challenge platform called Ikon.gg and a companion app for Hearthstone called Firestone.
Investment
Overwolf launches PUBG Developers Challenge - Esports Insider
growth-positive
Overwolf raises $16 million for game services in round led by Intel Capital
Overwolf, an overlay platform for game apps and services, has raised $16 million in a funding round led by Intel Capital. The funding will enable Overwolf to do more for its community of developers and partners. Overwolf provides hundreds of apps for popular PC and mobile games and aims to generate more value for developers of all sizes. The company is growing swiftly and recruiting for its Tel Aviv site. Intels investment in Overwolf advances its vision to deliver a holistic PC experience. Developers are encouraged to apply for funding from the joint fund run by Intel and Overwolf.
InvestmentExpand
growth-positive
Overwolf and Intel create $7 million fund to invest in apps and mods for hardcore gamers
Overwolf and Intel have partnered to create a $7 million fund to invest in apps and mods for hardcore gamers. The fund aims to support developers working on game applications, modifications, or game services that enhance the experience of PC games. Overwolf is currently accepting applications and will initially focus on developers creating Overwolf apps or those using Overwolfs overlay to add features to existing games. The fund will invest $10,000 to $500,000 for each approved developer, depending on their needs and the value of the project. Overwolf will provide support and services to developers, including product advisory, monetization services, technology, promotion, and distribution. The investment will be given as a grant initially and will be paid back through revenue sharing if the app is monetized.
Investment
growth-positive
Tempo Storm Partners with PC App Store Overwolf
Esports organization Tempo Storm has announced a partnership with PC gaming app store Overwolf. The platform, which hosts third-party apps and provides gamers with access to over 300 PC apps that enhance the gaming experience, has also partnered with esports organizations Cloud9 and Team Liquid. Overwolf also has partnerships with endemic esports brands like Alienware, ASUS Republic of Gamers, NVIDIA and Logitech. Tempo Storm, known for its educational gaming content, is also sponsored by Twitch, Red Bull, Curse, Meta Threads, Secretlab, Skytech Gaming, and NVIDIA.
Partners
Overwolf and Alienware new partnership to reward CS:GO players for top plays - Esports Insider
growth-positive
Overwolf acquires Clash Royale fan site StatsRoyale.com
Overwolf has acquired StatsRoyale.com, the largest fan site for players of Supercell’s popular mobile game Clash Royale. The acquisition allows Overwolf to expand into the mobile game market. StatsRoyale.com provides statistical data and strategic advice for Clash Royale players. The site has over 20 million monthly active players. The deal terms were not disclosed, and the combined companies now have 38 employees.
Partners
growth-positive
Playwire Media Partners with Overwolf to Tap into Surging eSports Industry
Playwire Media has announced an exclusive partnership with Overwolf, a leading software platform for competitive PC gamers. Playwire Media will handle Overwolfs entire advertising inventory within their software application. The partnership aims to offer advertisers access to an audience otherwise unreachable on platforms like Twitch and YouTube. This partnership is expected to have a growth-positive impact on Playwire Media.
Partners
growth-positive
Israel's Overwolf raises $5.3M for user-generated game add-on tools
Overwolf has raised $5.3 million in funding to design a platform where users can create their own add-on mods and utilities for games. The investment reflects the companys ambitions to provide an add-on platform to modify games. Overwolf has expanded its platform beyond socializing games and is now becoming a complete add-on platform for games. The company is in closed beta testing for its SDK and plans to launch in early 2014. Overwolf is also adding Bruce Hack and Roy Bahat to its advisory board.
Investment