The modding powerhouse Mod.io just raised $4 million in its latest investment round. Mod.io confirmed the funding was led by Sequoia Capital with Play Ventures, GameTech Ventures, and Machineloor also participating.
Mod.io founders said they plan to use the newly acquired capital to make mod support simpler for game developers and improve the functionality of the platform.
User generated content has the potential to become the next big thing in the gaming industry. – co-founder Scott Reismanis
But it needs to be accessible, cross-platform, and safe, with detailed metrics, creator events, and marketplaces attached. We’re here to push the boundaries with UGC, and enable game developers to do the same.
Mod.io was first launched in 2019 from co-founders Reismanis and Patrick Sotirou. This Australian duo has managed to have fifty games+ using it’s platform to simplify making mods cross-platform. Mod.io has been downloaded a staggering 65m times.
Some of the most popular titles that use the software include Insurgency: Sandstorm, SnowRunner, Totally Accurate Battlegrounds, and Skater XL. We expect Mod.io to continue growing and include more and more popular titles as time goes on.
Hopefully, the startup will continue on its mission and make the future of modding a much simpler process for all. This latest investment round is great news for the company and we plan on keeping our eye on the startup to see how they progress.
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