Tencent Invested in Cloud Gaming Company Ubitus

Ubitus announced the completion of a strategic round of financing and revealed the secured investment from Tencent and other giant companies. 

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Cloud gaming service provider Ubitus announced investments from Tencent and other big companies, including Square Enix, Sony Innovation Fund by IGV, and Actoz. The amount of raised investment wasn’t mentioned. 

We are very excited to have some of the most important players in the game industry as our strategic shareholders. Their investments represent a vote of confidence in our technology, our achievements, and our potential role in the rapidly growing cloud game market.

Wesley Kuo, CEO of Ubitus via official announcement

Found in 2014, Ubitus specializes in the world’s best GPU virtualization and provides a cloud streaming platform to give AAA game players a smooth experience using any device. 

Find out more details about the official announcement on the Ubitus page. Don't forget to join our new Telegram channel, our Discord, follow us on Instagram and Twitter, where we are sharing breakdowns, the latest news, awesome artworks, and more.

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