Sections

 Get your job in front of the right talentSearch our CV libraryUtilise the global reach of Gamesindustry.biz

Network Next raises $4.4m to create "internet fast lane" for games

Psyonix joins investment and plans to integrate tech into Rocket League

Santa Monica-based Network Next announced today a $4.4 million seed round to launch the "internet fast lane" for games.

The round was led by Bitkraft Esports Venues with additional investment from Bain Capital Ventures, Velo Capital Partners, and Rocket League developer Psyonix.

Network Next also announced that Psyonix would be its first game customer, with plans to integrate the technology into Rocket League in the coming months.

In a statement, Network Next said it believes the internet is "broken for games" as it was optimised to deliver static and streamed content rather than interactive applications.

"We believe that game traffic should be prioritised above other internet traffic and could not be more thrilled to partner with investors who share that belief," said CEO Glenn Fiedler.

"With this new investment, we'll be able to grow our team and continue the development of our technology, which will ensure that we can deliver on our vision."

 Get your job in front of the right talentSearch our CV libraryUtilise the global reach of Gamesindustry.biz

More stories

Activision Blizzard delays vote on executive pay amid criticism over Bobby Kotick's compensation

Call of Duty publisher claims "misleading" information on the subject had circulated online

By James Batchelor

Qualcomm interested in Arm stake if Nvidia deals fails

The tech company would be ready to invest alongside a "consortium of companies," CEO-elect Cristiano Amon said

By Marie Dealessandri

Latest comments

Sign in to contribute

Need an account? Register now.