Allstar.gg, a platform that enables every gamer to become a content creator by seamlessly creating high-quality, shareable videos on any hardware through cloud technology, announced a $12 million Series A funding round led by Drive Capital.
Capital joins previous investors, including Mark Cuban, members of the New York Angels, Studio VC, J-Ventures, and Alumni Ventures. The investment will be used to accelerate product development and increase the adoption of its proprietary technology across new partnerships, and additional game and game developers.
Allstar.gg works by transforming server-side game data into high-quality videos in the cloud. At the click of a button, gamers can synchronize clips from their gameplay to licensed music, customize video elements like camera angles and in-game assets, and apply advanced 3D filters without any impact to or reliance on their computer’s performance. This approach streamlines the video editing process, enhancing the visual appeal and shareability of gaming content, and converts wide-screen desktop gameplay into vertical-screen mobile video formats without sacrificing quality.
“Allstar has sparked a paradigm shift in how gamers create content. Nick and his team are addressing a major gap in the gaming landscape, as demonstrated by their incredible growth, producing over 3.2 million clips each month for over 550,000 monthly gamers. This is the equivalent to more than one clip per second,” commented Chris Olsen, Co-Founder and Partner Drive Capital, Allstar Board Member.
Allstar.gg was founded in August 2019 by former pro gamer and Chief Executive Officer Nick Cuomo and Chief Technology Officer Gavin Silver. To date, the company has reached 11.3M users and powered more than 27M clips for 1.12M unique creators driving over a quarter-billion views.
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