Fresvii nabs $4 mln

Silicon Valley and Tokyo-based Fresvii Inc, a provider of social engagement tools, has secured $4 million in funding. The investors included Nissay Capital.


REDWOOD CITY, California, December 16, 2015 – Fresvii Inc., creators of AppSteroid, the platform that creates social networks in mobile games and apps, announced today that it has raised $4 million in funding from US and Japanese investors. The majority of the investment came from Nissay Capital of Japan, and also includes angel investment from Guo Wei, based in Silicon Valley.

Fresvii provides a host of plug-and-play social engagement tools exclusively built for mobile through its AppSteroid platform. AppSteroid’s core offerings include social mechanics such as forums, group messaging, gameplay video recording and playback, voice-chat, leaderboards, and matchmaking. The cloud-based platform is compatible with numerous game engines including Unity, iOS, Android and is expanding its support to include Cocos2d shortly.
Fresvii will be putting the funds towards accelerating growth, expanding its team of engineers, paying off convertible debt and designing new tools to supplement its existing suite of social offerings.

“For today’s game publishers, simply relying on riveting game play or a unique storyline isn’t going to get them very far,” said Hiro Nakagawa, CEO and founder of Fresvii. “The most successful games embrace social elements into their core gameplay, creating a high level of engagement, interaction and loyalty among users.”

“Developers using AppSteroid can integrate powerful social features such as forums and gameplay video recording within hours, potentially saving months of development time”, said Tony Gascon, General Manager of Fresvii. “We want to help developers to create great games, and our platform will allow them to focus their attention on gameplay rather than spending time adding social features.”

Among Fresvii’s portfolio of clients is Japanese game developer Liica, Inc. The studio integrated AppSteroid into their highly popular mobile title, Q Universe. The puzzle game recently launched in the US, following its phenomenal success in Japan, where it achieved 8 million downloads in just 6 months. From video recording functionality to in-game chat, AppSteroid orchestrates the entire social and community components of the game, which have helped to make Q Universe a hit among gamers and a Top 50 game in the US Google Play store.

Fresvii is staffed with mobile game veterans from world-class companies including Disney, Nintendo, and Konami. Fresvii CEO and Founder Hiro Nakagawa previously developed the voice chat SDK for the Nintendo DS.

About Fresvii
Silicon Valley and Tokyo-based startup Fresvii provides a suite of social tools specifically tailored to meet the needs of modern game developers through its AppSteroid social platform. AppSteroid’s features are plug-and-play, enabling developers to focus on what matters most – creating exciting games that players demand.

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