# Hitbox Entertainment

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hitbox-entertainment

- Industry: Software
- Headquarters: Vienna, Austria
- Website: www.hitbox.tv
- Total disclosed funding: $4M
- Latest round: Series A (Nov 2, 2015)
- Investors on record: 3

## About

Hitbox Entertainment GmbH is a digital solutions provider specializing in interactive gaming environments, focusing on performance optimization and user engagement through its innovative platform.Founded in 2013 and headquartered in Vienna, Austria, Hitbox Entertainment GmbH focuses on enhancing gaming experiences. The firm underwent a strategic acquisition by Azubu in January 2017. Martin Klimscha, the founder, has a notable background in the tech industry. The company completed its Series A funding round in which it raised USD 4.00 mn, led by Speedinvest and participated by North Base Media and Wargaming, totaling USD 4.00 mn in funding.Hitbox specializes in delivering advanced digital solutions tailored for interactive gaming environments, focusing on performance optimization and user engagement. Their primary product offering centers around a platform that enhances the gaming experience through real-time analytics, user feedback mechanisms, and community-building features, addressing the demand for immersive and responsive gaming. Hitbox serves game developers, esports organizations, and content creators, primarily in North America, Europe, and Asia-Pacific, providing tools to optimize in-game interactions and improve player retention rates.Hitbox operates on a subscription service model, allowing clients including game studios and esports teams to pay for access to its platform and additional features through tiered pricing plans. This model ensures a steady income stream, with annual transactions and multi-year agreements for extensive support and feature access. The offerings include premium analytics tools and user engagement options bundled into subscription tiers, fostering strong client relationships and repeat business.Following its latest funding round on January 10, 2017, Hitbox Entertainment GmbH is focused on developing new products aimed at enhancing its platform's capabilities. Additionally, the company plans to expand into new geographic markets, specifically targeting growth in Asia-Pacific regions by the end of 2023. Recent funding will support these initiatives, further enhancing their service offerings and solidifying their market presence.

## Funding rounds

- Series A, Nov 2, 2015, $4M — Speedinvest, Wargaming, North Base Media

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Series A
- Wargaming — Series A
- North Base Media (https://capitalatlas.ai/funds/north-base-media) — Series A