Good news for Gaming Enthusiasts -- Fortnite will continue to dominate the gaming world for the foreseeable future. Yesterday, the game’s developer, Epic Games, announced that it completed a $1 billion round of funding, which will allow the company to support future growth opportunities. Epic's equity valuation is now $28.7 billion. “Their investment will help accelerate our work around building connected social experiences in Fortnite, Rocket League and Fall Guys, while empowering game developers and creators with Unreal Engine, Epic Online Services and the Epic Games Store,” said Tim Sweeney, CEO and Founder, Epic Games.
“We see that as 'Fortnite' evolves, it's evolving beyond being a game.” —
Tim Sweeney, Founder and CEO of Epic Games