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COINTURK FINANCE > Business > VaultN Secures $3.5M to Strengthen Game Distribution Network
Business

VaultN Secures $3.5M to Strengthen Game Distribution Network

Overview

  • VaultN secures $3.5M from Sony Innovation Fund and London Venture Partners.

  • The funds aim to enhance transparency and control in game distribution.

  • New CFO John Ward supports VaultN's strategic growth initiatives.

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COINTURK FINANCE 14 hours ago
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VaultN, an Amsterdam-based digital distribution platform for the games industry, has raised $3.5 million in funding from key investors, including Sony Innovation Fund and London Venture Partners. The investment demonstrates broad confidence in VaultN’s ability to streamline and unify the complexities of game distribution for publishers, distributors, and retailers. This move is anticipated to enhance VaultN’s ability to offer improved transparency, automation, and control. By leveraging these funds, VaultN aims to enhance its capabilities and expand its reach within the global market, addressing the intricate nature of digital distribution in gaming.

Contents
What Defines VaultN’s Platform?How Will the New Capital Be Used?

Earlier conversations around VaultN centered on its foundational years when it was primarily known for creating efficient workflows within the gaming ecosystem. Compared to its earlier investments noted for focusing on simplifying digital transactions, this funding round places significant emphasis on advancing automation and boosting transparency. This shift not only highlights the company’s growing influence but underlines its commitment to refining distribution strategies and elevating operational standards in the evolving digital landscape.

What Defines VaultN’s Platform?

Founded in 2019 by Emrah Kara, VaultN facilitates an integrated distribution network that unites different stakeholders within the gaming industry. The platform is designed to automate transactions, manage product keys, and provide pricing control. It supports streamlined channel oversight, providing a cohesive structure for managing complex distribution ecosystems. With features that incorporate payments, metadata, and asset management, VaultN simplifies operational processes, encouraging efficiency and visibility for publishers and distributors alike.

How Will the New Capital Be Used?

The infusion of new capital is intended to fortify VaultN’s infrastructure with modules that emphasize payments and sophisticated data insights for market intelligence. This development phase focuses on optimizing the ecosystem for greater efficiency and collaboration. VaultN is particularly centered on fostering a trustworthy and scalable environment where publishing partners can thrive together.

“We’re building the trust layer of the games industry,” says Emrah Kara, CEO and co-founder of VaultN.

Additionally, VaultN’s efforts are directed at enabling partners to leverage growth opportunities through enriched insights and streamlined processes. The expectation is to create a transparent environment that nurtures relationships across the supply chain, thereby promoting a conducive atmosphere for expansion and innovation.

“With our growing global network and the strength of our partners.

VaultN’s recent appointment of John Ward as the fractional Chief Financial Officer underscores its ambition for strategic advancement. John Ward brings a wealth of experience with roles in finance, IT, and operations from his time at EA and SEGA. His deep expertise in these domains aligns with VaultN’s focus on technology and operational efficiency. The company anticipates that his leadership will bolster its financial structure as VaultN scales further.

In the context of game publishing, VaultN distinguishes itself by addressing distribution challenges with technology-driven solutions. The strategic appointment of John Ward further complements this mission, as his background in optimizing financial operations and integration processes aligns with VaultN’s evolution. The appointment provides an essential backbone for VaultN as it continues to penetrate new markets and expand partnerships.

As VaultN propels into this next phase of expansion, its focus remains on integrating more seamless collaborations within the gaming industry. This funding initiative serves not only as an affirmation of the company’s existing trajectory but also as a pivotal step towards reinforcing its market positioning. With a vision centered around cohesion and efficiency, VaultN shows potential in influencing industry practices, paving the way for more holistic integration of digital services in gaming distribution.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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