Oorbit

Oorbit

Platform for Event-Based Cloud Gaming. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€18—27m (Dealroom.co estimates Mar 2022.)
Company register number 13078564
London England (HQ)
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DateInvestorsAmountRound

N/A

Seed
*

€4.5m

Seed
Total Funding€4.5m

Recent News about Oorbit

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Oorbit.tv is a pioneering startup in the cloud gaming and virtual worlds sector, aiming to revolutionize how multiplayer game events are created and experienced. The company offers a platform that allows users to access and play games directly from their web browsers, eliminating the need for expensive gaming consoles or high-end PCs. This is achieved through their unique "Ports," which are instant cloud games that can be played on any device with a minimum internet speed of 10 Mbps.

Oorbit serves a diverse range of clients, including game developers, event organizers, and everyday gamers. Game developers can bring their projects from popular game engines like Unreal Engine and Unity to Oorbit's platform, reaching millions of players without the need for extensive infrastructure. Event organizers can schedule game events, making it easier and more cost-effective to manage large-scale gaming sessions.

The market Oorbit operates in is the rapidly growing cloud gaming and metaverse sectors. These markets are expected to expand significantly as more people seek accessible and immersive online experiences. Oorbit's business model is primarily based on providing a platform-as-a-service (PaaS). They generate revenue through subscription fees, event hosting charges, and possibly a share of in-game purchases or advertisements.

Oorbit makes money by offering a seamless and scalable solution for game developers and event organizers, reducing the costs associated with traditional gaming infrastructure. By enabling instant access to games and virtual worlds, Oorbit is positioned to be a key player in shaping the next version of the internet.

Keywords: cloud gaming, multiplayer events, virtual worlds, game developers, event organizers, metaverse, platform-as-a-service, browser-based gaming, scalable solution, instant access.