Unity Software Inc. (doing business as Unity Technologies) is a video game software development company based in San Francisco. It was founded in Denmark in 2004 as Over the Edge Entertainment (OTEE) and changed its name in 2007. Unity Technologies is best known for the development of Unity, a licensed game engine used to create video games and other applications. Unity Technologies is a public company based in San Francisco, California; its IPO was in September 2020. As of 2018, the company employed more than 2,000 people in offices across North America, Europe and Asia. It is overseen by a board of directors. John Riccitiello acts as chief executive officer (CEO), and replaced co-founder and former CEO David Helgason in 2014. Danny Lange, who has a history of work on machine learning for IBM, Microsoft, Amazon Web Services and Uber, is vice-president of artificial intelligence and machine learning, a post he has held since late 2016. Unity Technologies named its first independent directors in 2017. Riccitiello said the move was needed if the company intended to go public in the future. According to TechCrunch, Unity Technologies had raised more than $600 million in funding and was valued at about $3 billion by 2018. Its investors include Sequoia Capital, Draper Fisher Jurvetson, Silver Lake, China Investment Corporation, FreeS Fund, Thrive Capital, WestSummit Capital and Max Levchin. Revenue streams include licensing fees for its game engine, its Unity Asset Store, and the Unity platform. More information...
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