# Exit Games

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/exit-games

- Industry: Software
- Headquarters: Hamburg, Germany
- Website: www.photonengine.com
- Latest round: Series A (Mar 14, 2004)
- Investors on record: 3

## About

Exit Games Inc. focuses on delivering high-performance multiplayer game development solutions, empowering developers with tools to create seamless and engaging online experiences across diverse platforms.Founded in 2003 and headquartered in Hamburg, Germany, Exit Games Inc. specializes in multiplayer gaming technologies. The company has undergone strategic pivots to enhance its offerings and has successfully raised a total of USD 50.00 mn in funding, with the latest round occurring on August 2, 2021, led by Skillz, Inc. The company was established by Christof Wegmann and its current CEO is Tim Schleebach. Photon Engine specializes in providing high-performance multiplayer game development solutions through its core products: Photon Fusion, Photon Quantum, and Photon Realtime. These products enable developers to create multiplayer applications that deliver seamless user experiences across various platforms, including mobile, PC, consoles, and VR/AR. Photon Fusion offers advanced state synchronization and lag compensation capabilities, while Photon Quantum features deterministic gameplay with predictive rollback mechanics, ensuring zero lag and no netcode issues. Photon Realtime serves as a low-level API for essential multiplayer functions, such as matchmaking and encryption. The company's services cater to a diverse client base, including over 1 million studios and developers, as well as Fortune 500 companies that utilize Photon technologies for real-time applications across industries such as education and critical operations. Photon’s products are deployed globally, supporting low-latency connections in all major regions, thereby enabling developers to reach a worldwide audience.In the most recent year, 2023, Exit Games Inc. reported a revenue of USD 53.21 mn and an EBITDA of USD 45.19 mn. The company generates revenue through a subscription-based model, providing access to its suite of multiplayer game development tools and services. Clients, ranging from independent developers to large corporations, engage with the company through various partnership structures, which may include direct-to-consumer sales or B2B agreements. The company offers tiered pricing plans, accommodating diverse customer needs and allowing for scalability as user demands grow. Its flagship products, including Photon Fusion and Photon Quantum, are integral to the revenue model, as they provide essential functionality for high-performance multiplayer gaming. Through these structured transactions, customers receive continuous support and access to Photon’s robust cloud infrastructure, which is monitored 24/7 to ensure reliability and performance.Following its most recent funding of USD 50 mn in August 2021, which was led by Skillz, Inc., Exit Games Inc. plans to expand its selection of supported titles with multiplayer technology. The company is focusing on new product development to enhance its offerings and targeting expansion into new markets. Specific geographic regions for expansion have not been disclosed, but the funding will support initiatives to broaden their market reach and enhance product capabilities.

## Funding rounds

- Series A, Mar 14, 2004 — Neuhaus Partners, Smac Partners, Bertelsmann Digital Media Investments

## Investors

- Neuhaus Partners (https://capitalatlas.ai/funds/neuhaus-partners) — Series A
- Smac Partners (https://capitalatlas.ai/funds/smac-partners) — Series A
- Bertelsmann Digital Media Investments (https://capitalatlas.ai/funds/bertelsmann-digital-media-investments) — Series A