Entity Raises $5.8 Million in Seed Funding
Dublin-based Entity, a company specializing in delivering console-quality games directly through web browsers without the need for downloads or app installations, has successfully closed a seed funding round, securing $5.8 million. This funding round saw participation from several investors, including Elkstone Partners, Delta Partners, Enterprise Ireland, and ACT Venture Capital.
Founders and Leadership
Entity was co-founded by a team of industry professionals including Rich Barnwell, who serves as CEO, David McGovern as COO, Kevin Bergin as CTO, and Fergus Duggan as Art Director. This leadership team brings together a diverse set of skills aimed at revolutionizing how games are played across devices.
Strategic Use of Funds
While the company has not specified exact plans for the newly acquired funds, the investment is expected to be directed towards enhancing their gaming platform, potentially incorporating new technologies and expanding their reach in the gaming market. The funding will likely support the hiring of additional talent and development of new features that align with their vision of instant browser-based gaming.
Investors' Confidence
The participation of prominent investors such as Elkstone Partners and Delta Partners underscores the confidence in Entity's innovative approach to gaming. These investors are known for supporting technology ventures with strong growth potential.
Conclusion
Entity's successful seed round is a promising step forward in its mission to simplify access to high-quality gaming through browser-based platforms. As the company moves forward, it will be interesting to see how it implements these funds to achieve its goals and impact the gaming industry.