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Celebrating employer excellence in the video games industry

8th July 2021

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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."

Celebrating employer excellence in the video games industry

8th July 2021

Submit your company

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