Mobalytics, an e-sports startup founded by Ukrainians, has attracted $2.6 million in early investments to expand its team and launch a pilot version of its analytical platform for computer gamers.
Mobalytics is having a lucky streak: In September, the startup won the TechCrunch Disrupt Startup Battlefield, one of the world’s top startup competitions that takes place in San Francisco annually.
After the victory, Mobalytics received $2.6 million in seed funding from four venture firms: Almaz Capital, Founders Fund, General Catalyst and GGV Capital. The deal was announced on Nov. 16.
Mobalytics founders, Ukrainians Bogdan Suchyk and Nikolay Lobanov and Lebanese Amine Issa said they use the money to expand the company’s team and roll out the beta version of their analytics-driven competitive gaming coach.
The cybersports startup utilizes available data to assess a player’s gaming skills. Using something it calls the Gamer Performance Index (GPI), Mobalytics delivers a snapshot of a gamer’s playing style along with all their strengths and weaknesses within a single image. This allows the gamers to see what they need to improve, to better match themselves against competitors and to build a more effective team.
Currently, the platform is designed for one game, League of Legends, a multiplayer online battle arena which, back in January 2014, had 27 million active daily players, 7.5 million concurrent players at peak times, and 67 million active monthly players.
Mobalytics also plans to design versions for other popular games, such as Overwatch, DOTA II and Counter Strike.
Nearly 20,000 people have already signed up for early access to the analytics platform, and 10,000 of them will begin using the beta version by the end of November.
“Our goal is to create the best analytical platform for gamers,” Mobalytics CEO Bogdan Suchyk told Ukrainian online tech blog AIN.ua. “Now we’re looking for talented programmers, who adore computer games and want to take part in creating the first ever platform for gamers.”
But investors see Mobalytics not just as a technology for gaming, but as a startup with a promising data processing technology that can be applicable for other areas of IT.
“The Mobalytics team combines the knowledge of their field and technological vision; they have all the chances to create a product that will become a standard in cybersports,” Daniil Stolyarov, the Investment Director at Almaz Capital said in a statement on Nov. 16. “The company designs a completely new product for the universe of computer games – this is a breakthrough innovation.”
Kyiv Post staff writer Denys Krasnikov can be found at [email protected].
