ubitus
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 27.2m | 27.2m | 27.2m | 28.8m | 33.0m | 34.0m |
% growth | - | - | - | 6 % | 15 % | 3 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Series A | ||
$2.0m | Early VC | ||
$15.0m | Late VC | ||
$45.0m Valuation: $400m | Late VC | ||
* | N/A | Late VC | |
Total Funding | $62.0m |
Related Content
Recent News about ubitus
EditUbitus operates in the cloud gaming industry, providing advanced GPU virtualization and streaming technology solutions. The company serves a diverse client base, including telecommunications companies, game developers, new media studios, and fashion brands. Ubitus enables these clients to quickly enter the cloud gaming market by offering a comprehensive platform that supports the distribution of rich media content globally. The business model revolves around offering cloud gaming services, including the conversion of AAA game titles to cloud versions, and facilitating large-scale online events with high concurrent user capacity. Ubitus generates revenue through service fees, licensing agreements, and partnerships with major game companies and media content providers. The company has successfully launched cloud versions of popular games such as 'Guardians of the Galaxy' and 'A Plague Tale Innocence' on platforms like Nintendo.
Keywords: Cloud gaming, GPU virtualization, streaming technology, Telco solutions, game developers, media distribution, AAA titles, online events, concurrent users, global reach.