Visionary developer of cross metaverse avatars, Ready Player Me, has raised an incredible $56m in series B funding. Therefore, securing its future as it heads into its next exciting phase of development.
Leading the pack, tech focused venture capital firm Andreessen Horowitz supplied the bulk of the funding. While a large number of individual investors provided support, including Twitch co-founder, Justin Kan, Roblox co-founder, David Baszucki, and popular comedian, Kevin Hart.
Ready Player Me x @a16z
We’ve closed a $56M Series B funding round led by @Tocelot from @a16z GAMES FUND ONE and @cdixon from @a16z crypto!https://t.co/YeVo5Xfl7b
— Ready Player Me (@readyplayerme) August 23, 2022
Going forwards, Ready Player Me will use the significant sum to expand its operations worldwide. While also taking the time to revamp and upgrade its suite of development tools. Most importantly however, it will look to further its core product of cross metaverse avatars. Essentially, providing an asset class that is interoperable between a wide number of metaverses. Meaning that owners can travel seamlessly between virtual worlds while maintaining their selected form and image.
This latest round of funding comes after the Series A raised an impressive $13 million back in January. A hefty sum that has helped the company on the way to servicing 5 million avatars on its platform. All the while engaging with an amazing 3000 partners to make their metaverse dreams a reality.
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