# N3twork

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/n3twork

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.n3twork.com
- Total disclosed funding: $57M
- Latest round: Series C (Nov 21, 2019)
- Investors on record: 12

## About

N3twork, Inc. specializes in creating blockchain-based gaming experiences, particularly in the realm of role-playing games, leveraging innovative technologies to enhance player engagement and ownership in digital assets.Founded in 2013, N3twork, Inc. is headquartered in San Francisco, US, and focuses on developing blockchain-enabled games. The company underwent a strategic acquisition by Forte Labs Inc. on January 13, 2022. The founders, Alan Yu and Bob Stevenson, have a history in the gaming industry, although specific details about their prior ventures are not provided. N3twork has successfully raised a total of USD 40.00 mn through its Series C funding round, with prominent investors including Block.one and Kleiner Perkins, contributing to a current company valuation of USD 203.59 mn.N3TWORK Studios Inc develops blockchain-based gaming experiences, concentrating on role-playing games (RPGs). Their notable titles include "Legendary: Game of Heroes," "Legendary: Heroes Unchained," and "Triumph: GO Infinite." These games combine match-3 puzzles with hero card collection, creating a unique gameplay dynamic that promotes player ownership and engagement through blockchain technology. The company aims to capture a global audience, particularly in regions with robust gaming cultures and blockchain adoption.N3TWORK Studios generates revenue primarily through in-game transactions related to its gaming titles, encompassing purchases like hero cards and digital assets. This business model supports both direct-to-consumer sales and partnerships within the gaming ecosystem, facilitating the buying, trading, and selling of in-game assets. The revenue structure integrates one-time purchases with recurring transactions through digital marketplaces, aimed at fostering a thriving in-game economy.N3twork, Inc. plans to launch new gaming titles and expand its market presence significantly. The company is targeting specific geographic regions for expansion, which will be disclosed as strategies are finalized. The recent Series C funding round, amounting to USD 40.00 mn, will be instrumental in supporting these initiatives, including new product developments and market penetration strategies. Following its acquisition by Forte Labs Inc., N3twork is poised to leverage additional resources and expertise to enhance its growth trajectory.

## Funding rounds

- Series C, Nov 21, 2019, $40M — Kleiner Perkins, Ocean Road Partners, Korea Investment Partners, KCB Rwanda, Table Management, Galaxy Asset Management, Block.one, Griffin Gaming Partners, Blue Planet Software, Inc.
- Series A, Feb 18, 2015, $5M — Kleiner Perkins, Floodgate, Eniac Ventures
- Series A, Jun 5, 2013, $12M — Kleiner Perkins, GV, Floodgate

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series C
- GV (https://capitalatlas.ai/funds/gv) — Series A
- Floodgate (https://capitalatlas.ai/funds/floodgate) — Series A
- Eniac Ventures (https://capitalatlas.ai/funds/eniac-ventures) — Series A
- Ocean Road Partners (https://capitalatlas.ai/funds/ocean-road-partners) — Series C
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series C
- KCB Rwanda — Series C
- Table Management — Series C
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Series C
- Block.one (https://capitalatlas.ai/funds/block-one) — Series C
- Griffin Gaming Partners (https://capitalatlas.ai/funds/griffin-gaming-partners) — Series C
- Blue Planet Software, Inc. — Series C