Skillz Invests $50 M in Exit Games as Strategic Partner.
Skillz engages in a strategic partnership with Exit Games in a bid to introduce new technology in its esports tournaments. Skillz is a leading mobile games platform that provides services in conducting fair esports tournaments for players throughout the world.
Exit Games is famous for its advanced synchronous multiplayer technology in games which is known as Photon. It allows developers on its platform to create and host real-time synchronous multiplayer games. It has approximately 600,000 partners worldwide including some of the top publishers like Square Enix, EA, Ubisoft, and others. Currently, it is powering more than 700,000 applications.
Skillz investing and going in strategic partnership with Exit Games will provide the company with permanent access to Photon to propel its esports tournaments. The technology will let Skill-z accelerate its timeline to support multiplayer synchronous content as well introduce new features via Exit’s technology.
Skillz CEO Andrew Paradise said, “Bringing the world’s best synchronous, multiplayer gaming technology to Skill-z unlocks tremendous opportunity, greatly accelerating our entry into popular genres like fighting, first-person shooter, and racing. Expanding into these new areas will grow our total universe of players and allow us to capture an even greater share of their leisure time and spend, while also introducing the technology and infrastructure necessary to attract more of the hottest, most creative developers, publishers, brands, and iconic franchises to our platform.”