Bengaluru: Super Evil Mega Corp, a California-based game developer, raises $26 million in Series B funding round led by Yuri Milner backed Indix Ventures and Jim Breyer of Breyer Capital. Existing investors – Signia Ventures, General Catalyst, Raine Ventures, Initial Capital and CrossCut also contributed to the round. The company will utilize the freshly raised capital to gain international recognition for its flagship game Vainglory and strengthen its business growth as an eSport.
Speaking about the new investment, Ben Holmes, Partner, Index Ventures says, “We have had phenomenal success previously backing excellent teams making innovative mobile and tablet games. SEMC clearly fulfill these criteria and are taking a bold and pioneering approach within the category. Index Ventures is delighted to have been chosen to support them on this journey”.
“Nine months ago, Vainglory was a bold experiment to perfect the MOBA genre for touch screens. Today it is emerging as a global competitive platform, with its own star athletes, a league broadcast on TV in Korea, and millions of players around the world playing the game for over an hour each day. Super Evil is proving that the future of esports is mobile, and that Vainglory is poised to become the next frontier,” cites Adam Valkin, Managing Director, General Catalyst Partners.
Super Evil Mega Corp was founded in 2012 by former Gazillion employees – Bo Daly and Tommy Krul. Super Evil Games provide high quality graphics, precise controls and a realistic gameplay experience to the players using its proprietary E.V.I.L™ engine. The company’s flagship game, Vainglory was launched in late 2014 and it takes the Multiplayer Online Battle Arena experience to a complete new level.
The company has also formed a partnership with Korea’s OnGameNet (OGN) to start a worldwide Vainglory tournament named – Vainglory International Premier League. The league will be starting on August 16th and will see the participation of teams from various countries across the globe competing for a total prize money of $70,000.