Carbonated Inc.
Company Overview:
Founded in 2015 by industry veterans from renowned companies such as Zynga, Sony, Electronic Arts, and Blizzard Entertainment, Carbonated Inc. is an independent venture-funded mobile game studio based in El Segundo, California. The company is known for developing competitive, high-fidelity games for mobile platforms, focusing on Player vs. Player (PvP) and Player vs. Environment (PvE) genres. Notably, Carbonated is developing "MadWorld," a post-apocalyptic multiplayer shooter utilizing AI-driven squad dynamics.
Leadership and Key Personnel:
The leadership team at Carbonated includes:
- Travis Boatman: CEO and Co-Founder, previously SVP of Mobile at Zynga.
- Kolbe Launchbaugh: Co-Founder, steering the company’s vision.
- Lloyd Tullues: CTO, overseeing technological advancements.
- Mike Sanders: Chief Development Officer, former CEO of Puny Human, leading game development strategies.
- Peter Walters: Art Director, driving visual and creative aspects.
- Aaron Austin: Concept Artist, contributing to the artistic direction and style of the games.
Financial Performance and Strategy:
Carbonated Inc.’s recent Series A round raised $11 million, led by Com2uS, following an $8.5 million seed round by Andreessen Horowitz in 2020. Their estimated annual revenue stands at $2.5 million with around 25 employees, achieving approximately $98,000 in revenue per employee. They have displayed a 4% increase in workforce over the past year, which aligns with strategic growth and development goals.
Strategic Initiatives and Technology:
The studio actively embraces Web3 technologies by integrating NFT elements into MadWorld to enhance interaction and ownership within the game. They utilize their proprietary live ops platform, Carbyne, to aid in seamless in-game activities and community engagement. Carbonated is also optimizing game development through the use of the Open 3D Engine (O3DE) to advance visual and interactive elements in their releases.
Employee Culture:
Carbonated fosters an environment focused on open communication and collaboration, supporting a workspace where employees view their roles as long-term career opportunities. They employ a creative and agile team ranging from 11-50 individuals directly involved in game development.
Future Plans:
Set to release MadWorld in Q2 2024, Carbonated is increasing its market presence through enhanced social media strategies and promotional efforts. MadWorld promises to deliver a unique gaming experience through real-time multiplayer tactics and player-driven game environments.
Competitive Landscape:
Carbonated competes with companies like:
- 505 Games
- KIXEYE
- Hi-Rez Studios
- Still Water: Notable for its higher revenue profile of $15 million with only 5 employees.
- Hidden Leaf Games
Despite its moderate size, Carbonated differentiates through engaging player experiences, prompt content updates, and the efficient use of state-of-the-art gaming technologies.
Contact Information:
For more information, visit Carbonated’s website at [www.carbonated.com](http://www.carbonated.com) or explore upcoming game details at [playmadworld.com](https://playmadworld.com). For media inquiries, contact info@carbonated.com.
