Modio Raises $ 4 Million to Grow Cross-Platform Mods Services

Cross-platform has raised $ 4 million in funding. It will be used to simplify mod support features and build more advanced features around them. Indicators, Moderation, Persistence, Brand Integration, Creator Economy In the toolset.

This is the second largest amount the company has raised this year, following the $ 1 million seed fund raised in March 2020.

The round was led by the Surge and Makers Fund of Sequoia Capital India, with the participation of Play Ventures, Gametech Ventures and Machinefloor.

“”[User generated content] It could be the next big thing in the gaming industry, “reads a statement by co-founder Scott Reismanis. “But it needs to be accessible, cross-platform, and secure, with detailed metrics, creator events, and marketplaces attached. We push the boundaries of UGC and game developers can do the same. I’m here to do that. “

Launched last year, the platform follows in the footsteps of Reismanis’ longtime mod hosting site ModDB. Currently, supports 50 games on 11 storefronts, and console support will begin in the coming months.

“We predict that mods will become a staple on all platforms and will be promoted to key gaming features. UGC is still in its infancy, so it’s important to provide creators with the tools they need to innovate and succeed,” Reismanis said. He continues.

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