Further augmenting the team is founding CMO is Deyan Vitanov, previously the CEO of formation8-backed gaming company Chobolabs, and Senior Producer Jimmy Griffifth who created the largest instant play gaming previously called Everwing with over 380 million installs. Additionally, Tom Fairfield joins the Playco Board of Directors as a founding board member, having previously founded Game Closure with Michael. Playco is joined by two additional co-founders, Takeshi Otsuka who invented social gaming in the east by leading the DeNA mobage gaming platform during his tenure at DeNA from 2005-2015 which generated over $1B in revenue, and Teddy Cross who worked with Michael since 2011 at Game Closure on HTML5 gaming technologies. Playco will put its capital towards building partnerships with the largest social and messaging companies globally and to assemble a world-class team.
#CLIPSY EVERWING SERIES#
Playco closed a $100M Series A at a valuation just north of $1 billion, debuting as a unicorn, co-led by Josh Buckley and Sequoia Capital Global Equities, with participation from Sozo Ventures, Raymond Tonsing’s Caffeinated Capital, Keisuke Honda’s KSK Angel Fund, Taizo Son’s Mistletoe Singapore, Digital Garage, Will Smith’s Dreamers VC, Makers Fund, and others. Whether it’s Parcheesi or an MMORPG, we believe there is a game for everyone and that how we play together is a crucial part of how humans socialize.” Instead, we believe that playing together should be as easy as messaging or talking together. We think that games shouldn’t be trapped inside installed apps or downloads. In a statement, Carter said: “Our mission is to bring the world closer together through play. Playco’s expertise comes from the merger of Carter’s technology background in building new computing platforms, and Waldron’s experience at Zynga in connecting players together in massive social gaming experiences.
21st, 2020 - Playco is the world’s first instant play gaming company, which develops games that can be played by any two or more people in the world together even if neither player has previously installed the game. Playco also announces $100M Series A at a valuation of $1 billion, co-led by Josh Buckley and Sequoia, and partnerships with Facebook, LINE Messenger, Rakuten Viber, and Snapchat. Zynga Founder and HTML5 WebSocket Inventor Announce Playco, a New Company Developing Instant Play Gaming
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