coherence secures $8 million investment in breakthrough multiplayer technology.
coherence has received an additional $8 million in funding to advance the development of its groundbreaking network technology, thereby improving the ability of multiplayer game development.
This latest round of funding will help Coherence continue to grow its team and introduce its technology to game developers, which offers exciting opportunities to democratize the development of real-time multiplayer experiences.
The company was founded and is led by former Playdead (Limbo, Inside) CEO and co-founder Dino Patti. The C-level team includes Tadej Gregorcic as co-founder and CTO, who has worked for Supercell, LG and adidas, and Senta Jakobsen as COO, who has experience at Radical Entertainment, DeNA, Crytek, THQ Nordic and DICE.
This round was led by Griffin Gaming Partners, with participation from a number of other investors. With an investment portfolio that includes companies such as Discord and Overwolf, coherence is pleased to partner with Griffin, an investor known for his expertise and knowledge in identifying game-changing companies in an ever-changing and innovative industry.
coherence is an open, user-friendly and highly scalable platform for the development of multiplayer games and virtual worlds.
It will initially launch with a Unity SDK and plugin (other platforms will follow) and will allow developers to create a working multiplayer prototype in minutes.
The platform makes creating, testing and deploying connected games easier than ever, making multiplayer game development accessible to all.
Co-founder Dino Patti said, “Real-time multiplayer experiences still have significant untapped potential. There are so many hurdles when it comes to multiplayer game development that can stall the creative process early on in a game’s development. With Coherence, we aim to break down those roadblocks, and this latest round of funding will help us fulfill that mission. It’s been a very exciting journey so far and I can’t wait for more talent to join our already amazing team.”
Anthony Palma, Partner at Griffin Gaming Partners, said: “We are thrilled to be working with the talented team at coherence to develop the next generation of multiplayer gaming technology. As a former game developer, I know firsthand the challenges that Dino and his team tackle for game developers. We’re excited that they’re giving more game developers the power to create scalable and complex multiplayer experiences with Coherence.”
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