PlayEngine Wins $ 0.5M to Streamline B2B Betting Software Industry
PlayEngine Wins $ 0.5M to Streamline B2B Betting Software Industry
San Francisco, USA, February 23, 2021 (GLOBE NEWSWIRE) – – – PlayEngine has just achieved great success by raising $ 0.5 million in pre-seed funding! The B2B sports betting software provider, which is based in San Francisco and founded by two UC Berkeley alumni, wants to win Silicon Valley for sports betting. Driven by a robust range of innovative solutions, they have big goals to set the technological standard for the industry.
This investment round comes from seasoned angel investors from companies like Netflix, HP, Tanium, ServiceTitan and BAJ Accelerator and is led by a serial entrepreneur, Adam Kablanian. The team is currently part of the Berkeley Skydeck hot desk program.
PlayEngine provides client companies with the most data-driven and automated solutions on the market, helping them reduce operational waste while increasing their sales. The main targets of the company are the bookmakers operating in the US and Western Europe. Customers plan to go live by the end of the second quarter.
PlayEngine’s core technological innovations focus on the platform-as-service solution. The platform offers 99.99% availability by providing preventative protection against unplanned downtime and automatic recovery from failures. It records over 1,000 metrics for each player and their behavior, so that all activities are fully traceable. This form of advanced tracking enables companies to gain real-time insights that improve their decision-making and accelerate their marketing innovations.
PlayEngine is shifting the industry from repetitive manual labor to automation. Now bookmakers can put some of their work into self-drive mode and leave the PlayEngine platform to run their business processes based on the operational goals set. In addition to the platform, the company offers two strategic solutions – WorkEngine and Sportsbook.
WorkEngine is an all-in-one business administration software that enables betting companies to conduct their business online. With internal applications, customers can use the product to analyze operations in real time and improve business performance. With the most data-driven solution in the industry, bookmakers can manage their media content using built-in SEO tools and track the performance of each media type.
Sports betting is the latest technological advancement from PlayEngine, providing betting companies the fastest load time and site performance in their target regions. With its powerful sports betting core, PlayEngine not only delivers a market-leading UX design, but also acts as a technology center for operator innovation and market differentiation.
With PlayEngine’s solutions, bookmakers can customize the color theme of their sports betting and match it to their branding in a matter of seconds – without the help of a designer. The solution itself is very SEO friendly and allows betting companies to improve their search engine visibility with built in SEO tools.
About PlayEngine
PlayEngine is a Silicon Valley-based provider of B2B sports betting software for licensed B2C gaming operators. They offer the most automated and data-driven solutions on the market and help bookmakers increase their profits with the latest technologies from PlayEngine.
If you’re a bookmaker looking to streamline your workflow, you can sign up for early access at playengine.com. The company offers benefits to operators who register by the end of March.
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PlayEngine Wins $ 0.5M to Streamline B2B Betting Software Industry