, /PRNewswire/ -- a massive multiplayer gaming platform, has raised at a post-money valuation of . The funds will be used to support the company's go-to-market strategy, including testing a retention and monetization model. The round was led by investors and funds with deep backgrounds in business and entrepreneurship including Xsolla's founder Alexander Agapitov and his family fund Hand of Midas, as well as Rubylight Fund and other private investors.
Megamod is a UGC platform designed for creators with limited development expertise and players seeking massive multiplayer experiences. Launched in early 2023 to make game design tools easier to use, Megamod has proven its ability to create games times more cost-effectively and faster than any traditional development company. The cost of creating a unit of content on the platform is approximately .
For the last months Megamod has networked over creators who have created over games. In a world where games are becoming plentiful, the main challenge for publishers is to keep players engaged by providing them with engaging and accessible content. Megamod is demonstrating its ability to meet this challenge, as evidenced by its listing on popular gaming portals like and CrazyGames.
In just two weeks on , Megamod's games have been rated based on over reviews and have been enjoyed by over players. The availability of the games is also ensured by our Megamod app ( ) which focuses on retention and social interaction. Megamod's multiplayer.
