Ready Player Me raises $56 million in Series B

The metaverse simply bought one other large vote of assist from Sand Hill Highway.

Ready Player Me, a cross-game avatar system, introduced on Tuesday it has closed a $56 million Series B spherical. Amongst its backers: Andreessen Horowitz, the cofounders of Roblox and Twitch, and entertainer Kevin Hart’s enterprise fund.

This newest spherical brings the whole funding in Ready Player Me to $72 million. (Complete valuation was not disclosed.) The corporate plans to make use of the cash to increase its group and shift its focus from developer-centric instruments to user-centric ones that permit individuals to create and promote objects related to their avatars (resembling outfits). Avatars made with the corporate’s system can be utilized in any supported metaverse expertise, letting individuals carry their look between digital worlds.

Based in 2014, Ready Player Me at present presents builders entry to its avatar creator tool, which may save anyplace from six months to a number of years of growth time, and permits gamers to expertise some visible consistency between video games.