FRVR Secures $76 Million For Bringing Great Games to Their Platform

- In their latest round, FRVR has secured $76 million in funding that will be used to invest deeply in content for FRVR's games platform. FRVR has built a powerful and popular platform, with the company reaching over 1.5 billion players to date, with millions of active players per day on its platform that enables its games to run everywhere.

Brian Meidell, CEO at FRVR

FRVR plans to invest deeply in high-quality games for its platform to bring a whole new level of content to channels in and beyond the app stores. The company has spent the last year significantly expanding the team, building strong development and distribution partnerships, and bringing great games to the platform. The round combines debt financing with equity investment by Hiro Capital, alongside Accel and Makers Fund.

" FRVR is at an exciting phase where the strength of their team and distribution network combined with a whole new level of game content, will rapidly grow their player base,'' said Luke Alvarez , Founding Managing Partner at Hiro Capital. "With this funding we are confident that FRVR can bring world class content to a lot of new players."

" We're excited to bring the full power of our existing platform and partnerships together with world class games and game teams, and to bring deeper experiences to our many distribution channels ," said Brian Meidell , CEO at FRVR. " This round allows us to significantly raise the bar for the kind of games you can play across our many game channels, so people will be able to play great games anywhere they are already spending their time. "

About FRVR

FRVR * is a games platform company building an ecosystem to connect billions of players to captivating games. FRVR's mission is to democratize game distribution by making sure to deliver great games for everyone, everywhere, working alongside amazing developers and innovative partners. With FRVR, finding great games is never more than three clicks away. FRVR was founded by games industry veterans Chris Benjaminsen and Brian Meidell in 2017 and has grown from a small passion project into over 100 employees across 6 offices worldwide.

FRVR is Changing the Game, Forever.

* FRVR is a member of IAB US as well as a TCF Vendor Member of IAB Europe .

Hiro Capital: Investors in the Future

Hiro Capital is a London / Luxembourg technology Venture Capital fund which invests in UK, US, and European innovators in Games, IP, Metaverse Technology, Web 3.0, Esports, and Gamified Fitness. Hiro Capital generally invests at Seed through Series A and B stages. We invest both in front-end Content creators in Games, IP, Esports, and Digital Fitness and in deep tech Metaverse and Web 3.0 applications of Cloud, Mobile, Streaming, Creator Tools, Big Data, AI, Wearables, AR, and VR. - https://hiro.capital/

FRVR Logo

Cision View original content to download multimedia: https://www.prnewswire.com/news-releases/frvr-secures-76-million-for-bringing-great-games-to-their-platform-301507978.html

SOURCE FRVR

Cision View original content to download multimedia: https://www.newswire.ca/en/releases/archive/March2022/23/c7928.html

News Provided by Canada Newswire via QuoteMedia

GAMING00
The Conversation (0)
East Side Games

The Office: Somehow We Manage Mobile Game Available Now

East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.

Watch the launch trailer here .

News Provided by Canada Newswire via QuoteMedia

Keep reading...Show less
NorthStar Gaming Chairman and CEO Michael Moskowitz.

NorthStar Gaming Leverages Content to Create Engaged, Active Players, CEO Says

NorthStar Gaming (TSXV:BET,OTCQB:NSBBF) is leveraging its rich, compelling content to better engage its customers, which ultimately leads to higher revenue, said NorthStar Chairman and CEO Michael Moskowitz, following an earlier announcement that the company is rolling out enhancements to the Sports Insights content on its platform.

“From the time that we founded NorthStar Gaming, we took the view that providing compelling content would lead to higher engagement with our customers,” he said. "And we're finding just that. We're planning to launch Sports Insights 2.0 in the first half of 2024 with redesigned sports and homepages, live scoreboards and tickers, live odds, trending topics and a greater tie-in in terms of the player journey and promotional offers that we provide to them."

Moskowitz noted that leveraging content helps attract new customers, with several media organizations using the company’s content on their own sites. “Ultimately, these articles and this content will help to create awareness around the NorthStar Bets brand and platform, and ultimately drive traffic to our site, which will convert into revenue.”

Keep reading...Show less
hand touching phone

Game-changing Prospects for the iGaming Market

iGaming has grown considerably in recent years. Driven by innovations in web technology and a changing regulatory landscape, online casinos and sportsbooks are more popular than ever.

To understand how the landscape may change moving forward, investors should assess how the industry has evolved in recent years.

Keep reading...Show less
smartphone on podium

Top Trends Shaping the Canadian iGaming Market

From emerging technologies to evolving regulations, the trajectory of iGaming has changed substantially in recent years as the market has experienced significant growth.

In 2022, Ontario's provincial government introduced game-changing legislation that established a regulatory framework for iGaming. Due to this legislation, regulated iGaming successfully displaced the unregulated market, according to Attorney General Doug Downey, creating over 1.6 million active player accounts across more than 70 operator websites as of April 2023 — just over one year following the change.

Ontario's regulation has also laid the groundwork for widespread change in the iGaming space across Canada. As iGaming continues to evolve, it's important to have a deeper understanding of both new and existing trends that will shape the industry's future, as well as regulations.

Keep reading...Show less
NorthStar Gaming Holdings

NorthStar Gaming Holdings


Keep reading...Show less
NorthStar Gaming Announces New Partnership Agreement with BettorView

NorthStar Gaming Announces New Partnership Agreement with BettorView

Partnership strategically positions NorthStar to reach consumers in restaurants and bars across Ontario

NorthStar Gaming Inc. (TSXV: BET) is proud to announce it has entered a partnership agreement with BettorView that will enable NorthStar to engage with consumers in restaurants and bars across Ontario. The partnership provides NorthStar with the opportunity to further expand player acquisition across both sports wagering and online casino in a frictionless and convenient manner.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×