Press Release — June 16, 2022
BitCraft developer Clockwork Labs raises $22M Series A led by a16z
Clockwork Labs, the video game developer behind the upcoming community sandbox MMORPG BitCraft, closes its latest funding round.
SAN FRANCISCO — June 16, 2022 — fully remote game developer Clockwork Labs today announced they closed $22M in Series A funding led by Andreessen Horowitz to further develop their community sandbox MMORPG, BitCraft, alongside a new unannounced database technology which powers the game. David Baszucki, Roblox founder and CEO, also participated in the round as a private investor. A16z and Baszucki join an existing list of investors and games industry legends and leaders, including Supercell, CCP Games CEO Hilmar Petursson, and Unity co-founder David Helgason. Clockwork Labs credits Skycatcher, a game focused investment fund based in Texas, with providing the first major funding helping to jumpstart the project.
The company’s first game project, BitCraft, has received broad positive reception since it was announced in September of last year.
“The additional capital raised will enable us to scale the team considerably and we are now even better equipped to face all challenges attached to creating a game world as ambitious as BitCraft’s,” Alessandro Asoni, co-founder of Clockwork Labs said. “Besides the obvious benefits of having additional funding, we are especially happy that so many accomplished industry innovators share our confidence in the BitCraft project.”
Clockwork Labs is now primarily looking to attract engineering and game programming talent, while also expanding the team in other areas. The company, which is founded by engineers with strong computer science backgrounds, is actively recruiting compiler, database, and distributed systems engineers as they seek to make the foundational technology which makes BitCraft possible available to other developers as a standalone product.
“We’re very proud of the fact that we already began our Pre-Alpha testing in 2021 and so far it’s looking like we’re on course to move into Alpha testing in 2022,” said Tyler Cloutier, co-founder of Clockwork Labs. “We’re also proud of what our small but dedicated team has accomplished already. I can’t wait to see what’s possible with a larger team.”
About Clockwork Labs
Clockwork Labs is a fully-remote, privately-owned, video games developer founded in San Francisco, California. The company was founded in 2019 with the goal of applying its founders’ unique engineering backgrounds in distributed systems to video games. The concept for its first project BitCraft has attracted investors and industry veterans. The company is currently growing.
More information about Clockwork Labs is available at https://clockworklabs.io/
About BitCraft
BitCraft is an MMO community sandbox game that takes place in an enormous, fully editable, procedurally generated landscape all hosted in a single unsharded world, providing players with an unparalleled level of creativity and depth in an MMORPG universe.
BitCraft puts emphasis on cooperation over combat within an ever-expanding world and supports a wide range of playstyles and specializations.
The game is currently in Pre-Alpha.
More information about BitCraft is available at https://bitcraftonline.com/
