Founded by Iskander Pataudi and Bartosz Alksnin, who previously worked at leading game companies such as AppLovin and King, dotplay is set to transform native apps into fully monetized, playable mobile web games. This enables developers and publishers to acquire users directly over the mobile web, accessing a variety of new organic and paid channels for growth and distribution at orders of magnitude lower cost.
This technology and approach are poised to make a significant impact on the mobile ecosystem. It enables the creation of high quality, instantly playable mobile games, offering a new platform for developers and a better experience for players.
Dotplay will utilize the funds to enhance its platform, attract more game developers, and hire additional engineers to bolster the team.
Founding Partner of Transcend Fund, Shanti Bergel, has said about the investment:
Mobile gaming, the largest market in digital entertainment at over $90 billion, is at a critical moment of evolution. In a competitive market where every mobile developer is searching for shrewd and impactful new ways to reach their audience, dotplay is uniquely positioned to deliver a practical, seamless experience for both developers and consumers.
We are excited to work with the founders on their journey to revolutionize the mobile gaming industry.
Founding Partner of Transcend Fund, Shanti Bergel
CEO and Co-Founder of dotplay, Iskander Pataudi said:
We believe the mobile web can seriously rival app stores for distribution. So far, we’ve seen acquisition costs drop by 40%, ad click-to-game-open rates improve by 2-3x, and in-app purchase fees cut by 25%. Off-store monetisation and distribution are set to accelerate across all formats, and we’re here to support it.
CEO and Co-Founder of dotplay, Iskander Pataudi
About Transcend Fund
Transcend is a top performing early stage venture capital firm that partners with the boldest founders in the industry to collaboratively build the future of interactive entertainment.
Founded in San Francisco by gaming veterans, the Transcend portfolio features a preeminent group of high growth digital entertainment companies around the world.
More information about Transcend can be found on their website.
