# Network Next

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/network-next

- Industry: Software
- Headquarters: Santa Monica, US
- Website: www.networknext.com
- Total disclosed funding: $5.5M
- Latest round: Seed (Jan 23, 2019)
- Investors on record: 6

## About

Network Next, Inc. specializes in advanced network acceleration technology, optimizing connectivity in multiplayer online gaming to significantly reduce latency, enhance performance, and improve user experiences for developers and players alike.Founded in 2017, Network Next, Inc. is based in Santa Monica, US, and focuses on network acceleration solutions for the gaming industry. The company has completed 4 deals, with its most recent funding round being a Seed round in January 2019, where it raised USD 4.4 mn from BITKRAFT Ventures and other investors, including Bain Capital, Psyonix Inc., and Velo Partners. Glenn Fiedler serves as both the Founder and CEO.Network Next specializes in advanced network acceleration technology designed to minimize lag in multiplayer online gaming environments. Their core offering, known as B2S (Between Two Servers), enhances the connectivity between game servers, thereby improving the overall gaming experience for players by reducing latency. This technology is particularly crucial for real-time online games where fast and stable connections are essential for player satisfaction. The company targets game developers and publishers, providing solutions that cater to a global client base which includes both large gaming studios and independent developers across various geographical markets, including North America, Europe, and Asia. By implementing Network Next’s solutions, clients aim to deliver seamless gaming experiences, thus attracting and retaining their end users more effectively.Network Next generates revenue through a business-to-business model, providing its network acceleration services to game developers and publishers as part of a tailored partnership approach. Transactions typically involve subscription-based agreements where clients pay for access to the B2S technology, ensuring ongoing support and updates. These partnerships allow clients to integrate Network Next’s solutions into their games, enhancing performance and user engagement. Although specific pricing details for the services are not disclosed, the company's revenue structure reflects varied pricing plans based on the scale of implementation and the specific needs of the client.In January 2019, Network Next, Inc. raised USD 4.4 mn in Seed funding aimed at enhancing their technology offerings and expanding into new markets. Plans include launching new products designed to further optimize gaming connectivity, with potential releases targeted for 2022. The company intends to explore expansion into emerging markets in Asia and Europe by 2023, leveraging the recent funding to support these initiatives and enhance their service capabilities.

## Funding rounds

- Seed, Jan 23, 2019, $4.4M — Bain Capital, Velo Partners, BITKRAFT Ventures, Psyonix Inc.
- Seed, Feb 26, 2018, $0.8M — Sisu Game Ventures, Bragiel Brothers
- Seed, Sep 5, 2017, $0.3M — Sisu Game Ventures, Bragiel Brothers

## Investors

- Sisu Game Ventures (https://capitalatlas.ai/funds/sisu-game-ventures) — Seed
- Bragiel Brothers (https://capitalatlas.ai/funds/bragiel-brothers) — Seed
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Seed
- Velo Partners (https://capitalatlas.ai/funds/velo-partners) — Seed
- BITKRAFT Ventures (https://capitalatlas.ai/funds/bitkraft-ventures) — Seed
- Psyonix Inc. — Seed