Epic Games continues to grow following the incredible success of Fortnite: Battle Royale.
On October 26, TechCrunch reported that Epic Games, the developer of Fortnite: Battle Royale and Unreal engine, has raised $1.25 billion after recent financing rounds.
Vulcan Capital, KKR, Iconiq Capital, Smash Ventures, Kleiner Perkins, and Lightspeed Venture Partners have all been named as investors in the recent round.
All the recent additions will become minority shareholders in Epic Games following corporations such as Disney, Tencent, and Endeavor.
While Epic Games – formerly known as Potomac Computer Systems and Epic MegaGames Inc – has been in business since 1991, the recent popularity of Fortnite has put the studio in the limelight.
Fortnite has become one of the most well-recognized games across the world with millions of unique users playing every month, and seemingly only continues to grow as time goes on.
More to come.