Epic Games

Consumer & Lifestyle

Founded: 1991

Last Round Valuation: $32B

Epic Games, established in 1991 by Tim Sweeney, is a renowned interactive entertainment company with a focus on video game development, distribution, and cutting-edge 3D engine technology. The company has gained widespread recognition for its popular game titles, including Fortnite, Gears of War, and Unreal Tournament. Beyond gaming, Epic Games is also a leading provider of advanced 3D engine technology, with its flagship product known as Unreal Engine. With its headquarters situated in Cary, North Carolina, Epic Games continues to make significant contributions to the gaming industry and technological innovation.

Epic Games Overview:

Epic Games is a prominent and influential interactive entertainment company that was founded in 1991 by Tim Sweeney. The company has made a significant impact on the gaming industry through its development and distribution of highly popular and critically acclaimed video games. Some of Epic Games' most notable game titles include Fortnite, Gears of War, and Unreal Tournament.

Fortnite, released in 2017, quickly became a global phenomenon, attracting millions of players worldwide. The game's unique blend of battle royale gameplay, vibrant graphics, and constant updates has contributed to its immense success and cultural impact. Fortnite's free-to-play model, combined with its cross-platform availability, has made it accessible to a wide audience across various gaming platforms.

In addition to game development, Epic Games is renowned for its innovative 3D engine technology. Unreal Engine, the company's flagship product, has become a staple in the gaming industry, empowering developers to create visually stunning and immersive experiences. Unreal Engine is widely used in the development of video games, virtual reality (VR) applications, augmented reality (AR) experiences, and other interactive content.

Beyond gaming and engine technology, Epic Games has made significant investments in various ventures and initiatives. The company operates the Epic Games Store, a digital distribution platform that offers a curated selection of games from both independent developers and major publishers. The Epic Games Store has gained attention for its developer-friendly revenue-sharing model and exclusive game releases.

Epic Games has also shown a commitment to supporting and nurturing the broader gaming community. The company organizes and sponsors esports events, providing a platform for competitive gaming at both amateur and professional levels. Additionally, Epic Games actively supports game developers through grants, funding programs, and educational resources.

Headquartered in Cary, North Carolina, Epic Games continues to be at the forefront of innovation in the gaming industry. The company's focus on pushing boundaries, embracing new technologies, and creating immersive experiences has solidified its position as a leading force in the interactive entertainment landscape.

Founders:

  • Tim Sweeney

Top Investors:

  • Baillie Gifford

  • Fidelity Management & Research Company

  • Lightspeed Venture Partners

  • KKR

  • GIC

  • BlackRock

Funding History:


**Due to the extensive funding history of Epic Games’s funding history will be supplied upon request only**

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