We are proud to announce today a $7 million series A investment led by Konvoy Ventures. The funding will enable us at Edgegap to continue developing our infrastructure platform, built to reduce online gaming latency and automate infrastructure needs across the industry.
If you haven’t heard of us, we have built a platform that leverages edge computing, essentially moving data centers closer to users to tackle lag and improve online experiences. Combined with a proprietary user-server decision-making engine, our goal is to empower developers to launch new game servers and applications closer to users within seconds.
Since our seed investment of $1 million in 2019, we had successful trials using our technology with two triple-A studios and a multitude of smaller developers, improving latency for 91 percent of the players involved. On average, round-trip time (the time taken for information to reach its destination and return) was reduced by 46.5 percent per player and for a quarter of players, this dropped to below 50 milliseconds.
Mathieu Duperre, CEO here at Edgegap, had this to say about our vision for the future:
“Our goal is to build on the idea of a content delivery network for cloud applications. In that sense, Edgegap is building a modern application delivery network, combining a highly distributed infrastructure footprint with a quick decision-making and deployment solution. We see this as a major paradigm shift for developers looking to distribute their applications worldwide.”
Partner studios had this to say about our technology:
“Having a stable and low latency solution for our multiplayer was our biggest concern. On top of Edgegap being the best latency solution on the market, integration was a breeze.” – Triple Hill Interactive
“Edgegap’s service lets us deploy game servers for players with ease within a matter of seconds. Their talented team lets us focus on what we love most, making games” – Alderon Games
Joining our lead investor Konvoy Ventures in this funding round is San Francisco-based early-stage venture capital fund GFR Fund. We are also excited to announce the participation of multinational converged broadband, video and mobile communications company, Liberty Global and Akamai, leader in powering and protecting digital experiences, bringing their expertise in massive scale infrastructure.
With this latest investment, Edgegap will expand its team to build additional services for game studios and beyond. Our aim is to continue helping developers create better real-time applications through leveraging a premium infrastructure, without the cost and the hassle of managing it.
If you have any questions about what we do, and how we can help, you can contact us at email@example.com, or drop in on our Discord!