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VR game firm Resolution Games raises $25 mln C round


VR game firm Resolution Games raises $25 mln C round
Swedish VR games studio, Resolution Games, said it has closed a Series C funding round of $25 million. The round was co-led by Qualcomm Ventures LLC and BITKRAFT Ventures, followed by Knutsson Holdings AB.
Resolution Games said it has seen a desire from the communities for live games, and hence, the studio plans to dedicate more resources to ongoing development of existing titles as well as delivering additional live games.
Already with more than 100 employees internationally, this latest infusion of capital allows the studio to accelerate company growth even further and scale ahead of the projected market growth as the industry model shifts toward games as a service (GaaS), which requires larger teams to support games post-launch with live-ops teams.  ....

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