Ex-Blizzard CEO Morhaime’s Dreamhaven invests in Seattle upstart

Irvine video game development studio

Dreamhaven, which was launched late last year by Blizzard Entertainment co-founder and former CEO Mike Morhaime, has invested in Seattlebased upstart AccelByte, a back-end tool provider for game developers.

AccelByte announced Sept. 9 it has closed on $10 million in Series A funding.

Formed in 2016, AccelByte has developed a “forward-thinking” Games-as-aService (GaaS) suite without artificial limits on aspects like transactions and storage that can restrict growth, the company said.

The raise was led by New York venture capital firm Galaxy Interactive, with additional funding from gaming company NetEase of Hangzhou, China; Krafton of South Korea; and Dreamhaven.

AccelByte will utilize the investment to accelerate its business plans, which includes expanding the company’s network of games industry relations, it said. Company officials say the firm is “focused on helping studios by offering a proven, efficient, and accessible online back-end tech platform and tools at scale, so developers can do what they do best: create awesome games.”