Games as a Service Platform PlayFab Raises $7.4 Million

PlayFab, a company that aims to make running live games easier, said today that it had raised $7.4 million in series A funding, on top of $2.5 million raised last year. Benchmark led the round; general partner Mitch Lasky is joining PlayFab’s board.

CEO James Gwertzman said 1,800 companies have registered with PlayFab to date, and 11 currently live games are using its tools, with 160 more in development. Eighty percent of recently registered developers work on mobile games.

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