Gaming startup Mudstack raises $4M from top VCs, taps industry vet James Gwertzman as CEO

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Gaming startup Mudstack raises $4M from top VCs, taps industry vet James Gwertzman as CEO Taylor Soper
James Gwertzman. (Photo courtesy of Gwertzman)

Mudstack is adding a veteran Seattle-based gaming exec as its new leader and raising capital from top venture capitalists as it looks to supercharge its content management software built for game studios.

The company on Monday announced a $4 million round led by Anthos Capital, with participation from Khosla Ventures, a16z Games, Seattle’s Pioneer Square Labs, and Hyperplane.

James Gwertzman, who sold gaming infrastructure startup PlayFab to Microsoft in 2018 and was most recently a general partner at a16z, is joining Mudstack as its new CEO. He’ll take over from Jordan Stevens, who founded Mudstack in 2019 in Atlanta. Stevens will remain with the company as head of product.

The 5-person company provides cloud storage systems for asset management, designed specifically for game studios and artists. Customers include Metacore and Paradox Studios.

“It’s crazy to me that our industry is so mature, yet basic tools for managing content and production pipelines are still lacking,” Gwertzman said in a press release. “I’ve wanted to build an ‘operating system for game studios’ for a long time, and am thrilled to be working with this talented team to deliver on that vision.”

Gwertzman got his career started at Microsoft before getting into the gaming industry more than two decades ago. He co-founded Sprout Games, which was acquired by PopCap Games in 2005, and later founded and led PlayFab, which spun out from Uber Entertainment, another Seattle games company.

GeekWire profiled Gwertzman two years ago, highlighting one of his side projects that was staged at the Burning Man festival.

Gwertzman said Mudstack considers itself a remote company with no office. He’ll be hiring in the Seattle region, among other locations.

The company is not profitable and declined to share revenue metrics.

https://ift.tt/c4wQoUa August 19, 2024 at 01:00PM GeekWire
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