Gamevice, Inc.

Gamevice, Inc. specializes in mobile gaming solutions that enhance the gaming experience for users on the go through innovative portable controllers designed for smartphones and tablets. Founded in 2008 in Simi Valley, US, Gamevice, Inc. develops mobile gaming hardware that allows users to enjoy console-quality gaming on their mobile devices.

The company has secured a total of USD 12. 5 mn in funding, with the latest investment being a Series A round completed on May 31, 2017, led by California Technology Ventures and TransLink Capital, alongside participation from BAM Ventures and other investors. The company's CEO is Phillip Hyun, and it was founded by Matthew Joynes, who has a history of entrepreneurial ventures in technology. Gamevice specializes in mobile console gaming solutions designed to enhance the gaming experience for users on the go.

The company's flagship products, including the Gamevice Flex for iPhone and Android, function as portable gaming controllers that connect directly to mobile devices, enabling users to play console-quality games anytime and anywhere. These controllers are compatible with a wide range of gaming platforms, such as Xbox, PlayStation, and PC, and support popular services like Xbox Remote Play and PlayStation Remote Play, making them suitable for gamers seeking flexibility and high-quality gameplay. The Gamevice product line caters primarily to mobile gamers, including both casual players and dedicated enthusiasts, across various geographical markets, including North America, Europe, and Asia. By providing access to over 700 console and mobile games, Gamevice addresses the needs of modern gamers who desire seamless gaming experiences on their mobile devices.

Gamevice generates revenue through direct sales of its gaming controllers and accessories, with products typically sold both online and through retail partners. The transaction structure primarily involves direct-to-consumer sales, where users purchase the controllers directly from the Gamevice website or authorized retailers. The Gamevice Flex series serves as the cornerstone of the company's offerings, allowing customers to engage in immersive gaming experiences without the need for bulky setups. While specific pricing details are not disclosed, the company's sales model is supported by various promotions and free trials associated with gaming subscriptions, enticing consumers to adopt their products.

Overall, Gamevice is positioned to capitalize on the growing trend of mobile gaming, leveraging its innovative controller designs to attract a diverse client base of gamers. Gamevice plans to expand its product line with new designs and features aimed at improving the mobile gaming experience, with potential launch dates expected in the near future. The company is also targeting expansion into markets in Europe and Asia by the end of 2023. The recent funding of USD 12.

5 mn from the Series A round will be utilized to support these product developments and market expansion efforts.