Orrick Advises Skillz on $50 Million Investment in and Partnership with Exit Games

August.25.2021

Deutsch: Orrick berät Skillz bei $50 Millionen Investment in und Partnerschaft mit Exit Games

Orrick advised Skillz, the leading mobile games platform bringing fair and fun competition to players worldwide, on a $50m investment in and a strategic partnership with Exit Games, global developer of Photon, the world’s most advanced synchronous multiplayer gaming technology.

This strategic investment accelerates Skillz's expansion into further popular gaming genres.

A leading online mobile multiplayer games platform, Skillz helps developers build multi-million-dollar franchises by enabling social competition in their games. Leveraging its patented technology, Skillz hosts billions of casual esports tournaments for millions of mobile players worldwide.

Headquartered in Hamburg, Germany, Exit Games is the provider of Photon, the world’s leading real-time multiplayer technology and cloud service for mobile, PC, Mac, Web, Console, virtual reality, artificial reality and mixed reality. Developers are using Photon to create games and applications that offer true synchronous real-time experiences that scale to millions of users.

Skillz was advised by an international Orrick team led by partners Sven Greulich, Benedikt Migdal (both Düsseldorf) and Lynne Hermle (Silicon Valley).

The Orrick team also included partners Daniel Forester, Christian Schröder, Stefan Schultes-Schnitzlein, André Zimmermann, Lars Mesenbrink and Harry Clark, counsel Nils Kürten, senior associates Johannes Rüberg and Julia Schmitz, managing associates Onur Öztürk, Mark Rossbroich, Yumiko Olsen, Robert Weinhold and Julius Schradin as well as associates Ilona Schütz, Carsten Engelings and Marianna Karapetyan from our Düsseldorf, Silicon Valley, Washington, D.C. and New York offices.