Unreal Engine
Unreal Engine Raises $32B in Private
Quick Facts
Unreal Engine Raises $32B in Private
Unreal Engine has successfully raised $32B in a Private at a $35B valuation led by Private.
Company Overview
Unreal Engine is a Gaming company headquartered in 620 Crossroads Boulevard, Cary, NC 27518, founded in 1991 with 3200+ employees.
Game engine by Epic Games
Fundraising Details
- Amount Raised: $32B
- Round Type: Private
- Valuation: $35B
- Date: 2024-01-01
- Investors: Private
About Unreal Engine
Game engine by Epic Games The company is positioned in the Gaming sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 620 Crossroads Boulevard, Cary, NC 27518
- Founded: 1991
- Team Size: 3200+
- Industry: Gaming
What This Means
This funding round demonstrates strong investor confidence in Unreal Engine's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Gaming sector continues to attract significant investment as companies innovate to meet evolving market demands. Unreal Engine's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $35B valuation marks an important milestone for Unreal Engine, positioning the company among notable players in the Gaming industry.
Looking Ahead
With this new capital, Unreal Engine is well-positioned to execute on its growth strategy and continue building innovative solutions in the Gaming space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-01-01. For more information about Unreal Engine, visit their headquarters at 620 Crossroads Boulevard, Cary, NC 27518.
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