Overwolf Explained

Overwolf
Headquarters:Tel Aviv, Israel
Author:Uri Marchand, Gil Or, Alon Rabinowitz, Nir Finkelstein
Type:User-generated content platform

Overwolf is a software platform designed to help developers create extensions for video games, which are then offered to users through Overwolf's App Store.

History

Overwolf was founded in 2010 by Uri Marchand, Gil Or, Alon Rabinowitz and Nir Finkelstein with a cash seed investment from Joseph (Yossi) Vardi. In September 2013, another $5.3 million was invested by Venture Capital Marker LLC.[1] At the start of their Beta release in 2011,[2] Overwolf had 50,000 users. As of early 2013, Overwolf had reached 1 million users.[3] In September 2012, Overwolf opened its Software Development Kit.[4]

In June 2020, Overwolf acquired CurseForge, for an undisclosed sum,[5] from Twitch.[6]

In March 2022, Overwolf acquired the UK-based payment platform software specialist Tebex in a $29 million deal.[7]

Notes and References

  1. Web site: Israel's Overwolf raises $5.3M for user-generated game add-on tools . Dean . Takahashi . September 17, 2013 . September 17, 2013 . .
  2. Web site: Overwolf launches social overlay for online games. Dean . Takahashi . August 2, 2011 . August 2, 2011 . .
  3. Web site: Overwolf Surpasses One Million Users, Launches In-Game Appstore . August 1, 2012 . August 1, 2012 . .
  4. Web site: Overwolf opens its in-game app store to publishers and code-savvy gamers . Dean . Takahashi . August 1, 2012 . August 1, 2012 . .
  5. Web site: CurseForge Mods and Addons - FAQ . Overwolf . 22 June 2020.
  6. Web site: Shieber . Jonathan . In-game app-development platform Overwolf acquires CurseForge assets from Twitch to get into mods . . . 22 June 2020.
  7. Web site: Media . Insider . Payment platform specialist acquired in $29m deal . 2022-03-16 . Insider Media Ltd . en.