Funcom Overview

  • Year Founded
  • 1993

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 383

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $85.9M

Funcom General Information

Description

Developer of online computer and console games created to offer a live gaming experience. The company offers PC, Console, and other online games such as Conan Exiles, Anarchy Online, Secret World Legends and Age of Conan, and Offline games such as The Park, Hide and Shriek, Dreamfall, and The Longest Journey, enabling gamers to play different genres of games.

Contact Information

Website
www.funcom.com
Formerly Known As
Funcom Productions
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • Kirkegata 15
  • 0153 Oslo
  • Norway
+47 22
Primary Industry
Entertainment Software
Other Industries
Movies, Music and Entertainment
Parent Company
Tencent Holdings
Vertical(s)
Gaming, TMT
Corporate Office
  • Kirkegata 15
  • 0153 Oslo
  • Norway
+47 22

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Funcom Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Merger/Acquisition 15-Apr-2020 $85.9M Completed Generating Revenue
11. Secondary Transaction - Private 30-Sep-2019 Completed Generating Revenue
10. Secondary Transaction - Private 11-Sep-2018 Completed Generating Revenue
9. PIPE 18-Dec-2017 Completed Generating Revenue
8. Secondary Transaction - Open Market Completed Generating Revenue
7. PIPE 26-May-2016 Completed Generating Revenue
6. Merger/Acquisition 10-Aug-2015 Cancelled Generating Revenue
5. PIPE 28-Apr-2014 Completed Generating Revenue
4. PIPE 27-Jun-2007 $30M $65.7M Completed Generating Revenue
3. IPO 13-Dec-2005 $28.3M $35.7M Completed Generating Revenue
To view Funcom’s complete valuation and funding history, request access »

Funcom Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of online computer and console games created to offer a live gaming experience. The company offers PC, Console
Entertainment Software
Oslo, Norway
383 As of 2022

San Diego, CA
 

Walsall, United Kingdom
 
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Funcom Competitors (3)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Daybreak Game Company Corporate Backed or Acquired San Diego, CA
Facepunch Corporation Walsall, United Kingdom
Resolution Games Venture Capital-Backed Stockholm, Sweden
You’re viewing 3 of 3 competitors. Get the full list »

Funcom Patents

  • 12

    Total Documents Applications and Grants

  • Total Patents Families

  • 10

    Granted

  • 1

    Pending

  • Expiring in next 12 mo

Funcom Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20210339147-A1 Facilitating rhythm-based user input with enhanced feedback and audio tracks Active 30-Apr-2020
US-20220370914-A1 Facilitating rhythm-based user input with enhanced feedback and audio tracks Active 30-Apr-2020
EP-4142899-A1 Facilitating rhythm-based user input with enhanced feedback and audio tracks Pending 30-Apr-2020
US-11358065-B2 Facilitating rhythm-based user input with enhanced feedback and audio tracks Active 30-Apr-2020
US-11850522-B2 Facilitating rhythm-based user input with enhanced feedback and audio tracks Active 30-Apr-2020 A63F13/814
To view Funcom’s complete patent history, request access »

Funcom Executive Team (8)

Name Title Board Seat
Rui Casais Chief Executive Officer, Chief Technology Officer & Managing Director
Stian Drageset Chief Financial Officer & Chief Operating Officer
Erling Ellingsen Chief Marketing Officer
You’re viewing 3 of 8 executive team members. Get the full list »

Funcom Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Funcom Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Glastad Invest PE/Buyout Minority
Kgj Capital Other Minority
Nordic Venture Partners (Denmark) Venture Capital Minority
Northzone Ventures Venture Capital Minority
Swedbank Robur Asset Manager Minority
You’re viewing 5 of 6 investors. Get the full list »

Funcom Investments & Acquisitions (5)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
The Cabinet Group 14-Sep-2021 Movies, Music and Entertainment
The Outsiders 30-Jun-2021 Entertainment Software
Zona Paradoxal 08-Jan-2019 Entertainment Software
Heroic Signatures 18-Dec-2017 Other Commercial Services
Stunlock Studios 14-May-2010 Corporate Entertainment Software
To view Funcom’s complete investments and acquisitions history, request access »

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Funcom Subsidiaries (1)

Company Name Industry Location Founded
The Outsiders Entertainment Software Stockholm, Sweden
To view Funcom’s complete subsidiaries history, request access »

Funcom Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Stunlock Studios 14-May-2010 Completed
To view Funcom’s complete exits history, request access »

Funcom FAQs

  • When was Funcom founded?

    Funcom was founded in 1993.

  • Who is the CEO of Funcom?

    Rui Casais is the CEO of Funcom.

  • Where is Funcom headquartered?

    Funcom is headquartered in Oslo, Norway.

  • What is the size of Funcom?

    Funcom has 383 total employees.

  • What industry is Funcom in?

    Funcom’s primary industry is Entertainment Software.

  • Is Funcom a private or public company?

    Funcom is a Private company.

  • What is the current valuation of Funcom?

    The current valuation of Funcom is .

  • What is Funcom’s current revenue?

    The current revenue for Funcom is .

  • How much funding has Funcom raised over time?

    Funcom has raised $84.2M.

  • Who are Funcom’s investors?

    Glastad Invest, Kgj Capital, Nordic Venture Partners (Denmark), Northzone Ventures, and Swedbank Robur are 5 of 6 investors who have invested in Funcom.

  • Who are Funcom’s competitors?

    Daybreak Game Company, Facepunch, and Resolution Games are competitors of Funcom.

  • When was Funcom acquired?

    Funcom was acquired on 15-Apr-2020.

  • Who acquired Funcom?

    Funcom was acquired by Tencent Holdings.

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