Overwolf has raised $52.5 million to develop a platform for creating and installing mods

Overwolf startup continues to develop its platform, which allows you to create and install mods and applications for games. Together with the launch of the new SDK, the company announced the attraction of investments in the amount of $52.5 million. She hopes to become a YouTube for modders.According to GamesBeat, the main investors in Round C were Griffin Gaming Partners and Insight Partners.

They were also joined by Ubisoft, Warner Music Group, as well as businessman Kevin Chou.

Overwolf uses the raised funds to develop its services for the authors of modifications. The company also plans to spend some of the money on investments in other projects.

At the same time, Overwolf introduced the CurseForge Core service. This is a special SDK that publishers can integrate into their project and allow users to view and install mods directly from the game. Its authors are the CurseForge platform, which Overwolf bought in June last year.

Among the popular types of modifications and third—party applications are maps, dashboards, character editors and tools for in-game communication. CurseForge Core supports cross-platform modding, and various contests and hackathons are held on the site.

Now 30 thousand authors are registered on the platform, who have already created 90 thousand mods for games such as Fortnite, World of Warcraft and Minecraft. It is used by 18 million users every month.

Overwolf, whose revenue grew by 300% last year, plans to focus on supporting authors and enthusiasts. The company wants to provide users and modders with a convenient service that, among other things, will allow content creators to earn money.

“We want to be what YouTube has become for video bloggers. Just as YouTube is a universal platform for videos, we want to become a one—stop shop for creating apps and mods,“ Overwolf CEO and co-founder Uri Marchand said in an interview with TechCrunch.