Xaitment, a creator of robust AI game middleware, announced today that it has received €2.4 million ($3.04 million) in financing. This amount was primarily provided by Triangle Venture Capital Group, with additional funding from co-investor ERP Startfonds of KfW Bankengruppe.
Xaitment intends to use this funding to strengthen its global standing. The company will be beefing up its marketing, sales, and support staff in all six countries that it operates in. Xaitment will also be adding new functionality to its AI game middleware suites, which allow developers to quickly create cutting edge AI without complex coding and slow development time.
“More and more game studios are coming to realize the enormous benefits of using AI middleware in their game development. xaitment is in the perfect position to meet these customers’ AI needs with its cutting-edge technology and world-class support,” said Uli W. Fricke, Managing General Partner of Triangle Venture Capital Group.
“AI middleware is an exciting topic of discussion in game development circles and has the most potential for growth. xaitment’s AI solutions bring the time and cost saving percentages that game developers need in this extremely competitive field of gaming,” said Andreas Gerber, xaitment CEO. “With these strong partners at hand, we have the power to speed up our sales and development, and to guarantee our first-class, 24 hour support worldwide. We are looking confidently into the future knowing the huge potential our tools bring to game studios around the world.”
