LF.Group recently announced it had closed a $1 million pre-seed funding round. This money will be used to build new features for the LF.Group platform, allowing communities to post vacancies, conduct in-game events, and manage all their activities in one space.
Grishin Robotics, a San Francisco-based venture capital firm, led this funding round. According to VentureBeat, this funding will allow LF.Group to hire more software engineers and community managers.
LF.Group acts as a free, all-in-one software-as-a-service platform for gaming communities. This program allows guilds to set up pages in order to help bring multiplayer video games to more people and communities. At this time, the company is working on appealing to the 300 million people around the globe who spend about 20 hours a week playing video games.
“We are on a really interesting mission. I’m a hardcore gamer with a thousand hours played in World of Warcraft and League of Legends,” said CEO Alexey Moiseenkov. “When you spend 20 hours a week in a game, your relationship with gaming is more like your career. “We wanted to build the ultimate hub for a gaming community that will help them engage with the users and gamers around the world. We started with the most team-oriented hardcore games like World of Warcraft and League of Legends.”
LF.Group is a United Kingdom-based organization. As of this writing, the company has more than 50,000 gamer profiles participating on 200+ teams.
(All Information was provided by Esports News UK and VentureBeat)
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