About Bluehole Studio
Bluehole Studio is a company based in Seongnam-si (South Korea) founded in 2007 by Chang Byung gyu. Bluehole Studio has raised $13 million across 2 funding rounds from investors including Tencent, Premier Partners and IMM Korea. Bluehole Studio has completed 1 acquisition, including Delusion Studio. Bluehole Studio operates in a competitive market with competitors including Electronic Arts, Riot Games, Krafton, Ubisoft and Activision, among others.
- Headquarter Seongnam-si, South Korea
- Founders Chang Byung gyu
- Stage Unicorn
- SectorsMedia & Entertainment
- Website bluehole.net
- Social Facebook
- Legal Name Krafton Co., Ltd.
- Total Equity Funding$13M (USD)
in 2 rounds
- InvestorsTencent
& 2 more
- Investments & Acquisitions
Funding Insights of Bluehole Studio
Bluehole Studio has successfully raised a total of $13M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $13M
- Total Rounds 2
- First Round $13M
(Jun 2014)
- Investors Count 3
All 2 funding rounds of Bluehole Studio with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2017 | – | Series C | $4.6B | Tencent | – |
| Jun 2014 | $13M | Series B | – | Premier Partners, IMM Investment | – |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2017 | $4.6B | •••••••• |
Last known valuation $4.6B (Aug 2017). 3 investors in total: 3 institutional.
Investors in Bluehole Studio
Bluehole Studio has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Tencent, Premier Partners and IMM Korea.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity & venture capital firm | – | premierpartners.co.kr | Seoul, South Korea | |
Growth stage companies are targeted for private equity investments. | – | imm.co.kr | Gangnam, South Korea | |
Value-added internet, mobile, and telecom services are provided in China. | 1998 | tencent.com | Shenzhen, China |
Investor details for Bluehole Studio
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Bluehole Studio
1 people are tracked at Bluehole Studio (1 in leadership).
| Name | Role | Group |
|---|---|---|
Chang Byung gyu | Founder | Leadership |
Complete people profiles for Bluehole Studio
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Bluehole Studio
Bluehole Studio has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Delusion Studio.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Mobile game development studio | delusionstudio.net | Seoul, South Korea | 2011 | Jun 2018 | •••• |
Complete acquisition details for Bluehole Studio
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Bluehole Studio
5 dated milestones of Bluehole Studio across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Bluehole Studio is founded.
- Funding First funding round of $13.0M.
- Funding Latest funding round, Series C,.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Delusion Studio.
Competitors of Bluehole Studio
Bluehole Studio operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Electronic Arts, Riot Games, Krafton, Ubisoft and Activision, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ea.com | 1982 | Redwood, United States | – | 956 | Video game developers focused on core games | |
| riotgames.com | 2006 | San Francisco, United States | $15M | – | Video games are developed and eSports tournaments are organized. | |
| krafton.com | 2007 | Seoul, South Korea | $34.99M | – | A variety of online multiplayer games is provided by Krafton. | |
| ubisoft.com | 1986 | Montreuil, France | – | – | Video games are developed and published by Ubisoft worldwide. | |
| activision.com | 1979 | Santa Monica, United States | – | 6,190 | Video games are developed and published by Activision. | |
| lindenlab.com | 1999 | San Francisco, United States | $19M | 213 | Virtual reality games and platforms are developed by Linden Lab. | |
| igg.com | 2005 | Singapore | $4.5M | – | Video game developer and publisher focusing on MMORPGs for mobile, browser and PC platforms | |
| telltale.com | 2004 | San Rafael, United States | $62.43M | 343 | Episodic games based on media franchises are developed cross-platform. | |
| wemade.com | 2000 | Seoul, South Korea | – | – | MMORPGs and related games are developed by WeMade Entertainment. | |
| activisionblizzard.com | 1991 | Santa Monica, United States | – | 7,924 | Video games are developed and published by Activision Blizzard. |
Detailed competitors of Bluehole Studio
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Bluehole Studio
The website of Bluehole Studio (bluehole.net) receives about 3.6K visits a month.
- Monthly visits3.6K
▲ 28.2% vs previous month
Websites whose visitors overlap most with Bluehole Studio. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
game.mk.co.kr | game.mk.co.kr | 100% | – | – | – |
frogster-online.com | frogster-online.com | 97% | – | – | – |
frogster.de | frogster.de | 97% | – | – | – |
bluehole.jobagent.co.kr | bluehole.jobagent.co.kr | 94% | – | – | – |
| ruliweb.com | 88% | – | #408 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 14 similar websites and full traffic analytics for Bluehole Studio
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 14 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Bluehole Studio
Complete news archive for Bluehole Studio
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Bluehole Studio
10 companies that operate in the same segment as Bluehole Studio (MMORPG & Online Gaming), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Casual games developer and publisher for mobile and web platforms | 2007 | San Francisco, California, United States | USD 525.6 M | USD 49.68 M | 624 | |
Developer of mobile-based casual video games | 2017 | London, England, United Kingdom | USD 202 M | – | – | |
Operator of a platform providing skill-based games and interactive entertainment | 2018 | Delhi, Delhi, India | USD 92 M | USD 83.05 M | 1 | |
Provider of cross-platform game engine technology | 1991 | Cary, North Carolina, United States | USD 8.13 B | – | 771 | |
Mobile games are developed and published by Jam City. | 2007 | Culver City, California, United States | USD 499.49 M | – | – | |
Operator of a multifaceted platform for sports content and experiences | 2008 | Mumbai, Maharashtra, India | USD 1.34 B | USD 509.95 K | – | |
Mobile social games and services are developed and operated globally. | 1999 | Shibuya, Tokyo, Japan | – | USD 926.03 M | 2,570 | |
Skill-based online games are provided through a technology-driven platform. | 2006 | Mumbai, Maharashtra, India | USD 99.06 M | – | – | |
Diversified gaming and sports media platforms are operated and developed. | 1999 | Mumbai, Maharashtra, India | USD 127.93 M | USD 194.94 M | 63 | |
Casino games are developed for mobile and web platforms. | 2011 | Burlingame, California, United States | USD 36.17 M | USD 235.1 M | 568 |
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Frequently Asked Questions about Bluehole Studio
Bluehole Studio was founded in 2007 and raised its 1st funding round 7 years after it was founded.
Bluehole Studio is headquartered in Seongnam-si, South Korea. It is registered at Seongnam-si, Gyeonggi-do, South Korea.
Bluehole Studio is a funded company, having raised a total of $13M across 2 funding rounds to date. The company's 1st funding round was a Series B of $13M, raised on Jun 2014.
Bluehole Studio was established in 2007 in Seongnam-si, South Korea, as a developer and publisher in the video game sector. Focus is placed on creating MMORPG titles, with releases including PUBG, TERA, and Devilian. These games are distributed via Steam and the PlayStation Store. Operations rely on a freemium revenue model to support ongoing development.
Bluehole Studio's top competitors include Krafton, Riot Games and Ubisoft.
Bluehole Studio has made 1 acquisition, including Delusion Studio.
Bluehole Studio has 3 investors. Key investors include Tencent, Premier Partners, and IMM Korea.
The valuation of Bluehole Studio is $4.6B as of Aug 2017.
Bluehole Studio operates through Krafton Co., Ltd..