Balancy raises $700,000 in funding round

Gaming software firm Balancy has raised $700,000 in a funding round led by mobile industry veterans.

As reported by Pocket Gamer, the funds raised will be used to grow Balancy’s software as service platform, and its ability to aid small and mid-size studios to run and monetise live service games.

The company received investment from SplitMetrics CEO Max Kamenkov, Zariba Group and Casualino founder Radostin Petrov, Venison and Braavo Capital CEO Sergei Kovalenko, and former vice president of development at World of Warcraft Seth Sivak.

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