Balancy Secures $700k

Business

14 March 2024 08:10

Balancy has secured $700k in funding led by mobile industry veterans. The funds will be used to expand Balancy's software platform, aiding small and mid-size studios in managing and monetizing live service games. Investors include Max Kamenkov, Radostin Petrov, Sergei Kovalenko, and Seth Sivak. Balancy was founded in 2022 by Pavel Ignatov, Andrei Apanasik, and Julia Iljuk, who have 30 years of combined industry experience.

Pavel Ignatov stated '"We aim to empower promising midsize and smaller studios to navigate the competition amid a challenging market and the highest CPI (cost per install) numbers in mobile history."

Tags: Balancy

Share:

Sources:

Report mistake Submit news

Related news

View All

Elder Scrolls 6 'Coming Along Well,' but a Reveal Isn't Close

Xbox Chief Content Officer Matt Booty has offered a small update on The Elder Scrolls 6, saying he has personally...

Business

Jun 11, 2026

Ubisoft's "Final" Round of Cuts Was Five Months and Five Rounds Ago

This is the last time, ok ok this is the last time, it looks like Ubisoft is a sinking ship,...

Business

Jun 11, 2026

Astralis Is Being Forced to Police Its Own Fans

A CEO, a team and fans. This is the trifecta of sports and esports. This story is about this nothing...

Business

Jun 10, 2026

Amazon Insists Its Lord of the Rings Game Lives On

"What’s taters, precious? What’s taters, eh?". A great IP with a horrible company. Lord of The Rings is the ultimate...

Business

Jun 10, 2026

France Got the Joy-Con Finding the Lawsuits Never Found

Well, after years of lawsuits there is a payout finally for the Joy-=Con drift issues. Nintendo tried to dodge this...

Business

Jun 09, 2026

Balancy Secures $700k

Business

14 March 2024 08:10

Tags: Balancy

Balancy has secured $700k in funding led by mobile industry veterans. The funds will be used to expand Balancy's software platform, aiding small and mid-size studios in managing and monetizing live service games. Investors include Max Kamenkov, Radostin Petrov, Sergei Kovalenko, and Seth Sivak. Balancy was founded in 2022 by Pavel Ignatov, Andrei Apanasik, and Julia Iljuk, who have 30 years of combined industry experience.

Pavel Ignatov stated '"We aim to empower promising midsize and smaller studios to navigate the competition amid a challenging market and the highest CPI (cost per install) numbers in mobile history."

Share:

Sources:

Report mistake Submit news