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Epic Games Has Invested In SideFX

LATER VENTURE | ANNOUNCEMENT DATE: 15 NOV 2020
WRITTEN BY | 18 Nov 2020
Epic Games Has Invested In SideFX
LATER VENTURE
22 SEP 2020
Manticore Games Receives $15m Investment From Epic Games
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💵 Corporate Investment

  • Toronto-based 3D animation software developer SideFX has received an undisclosed amount of investment from American video game giant Epic Games

  • President and CEO of SideFX Kim Davidson remains the majority owner of the company, while Epic Games becomes a minority investor of SideFX, alongside MMV Capital Partners

  • The companies will not share their intellectual property, which means there will be no impact on the development of SideFX’s main product Houdini

💵 Previous Rounds

  • In December 2005, SideFX raised $1.5m in a funding round led by MMV Financial Inc.

🎲  Products

  • SideFX is a developer of procedural 3D animation software kit Houdini and Houdini Engine, successors of the company’s previous product PRISMS

    • Houdini allows game developers to create next-gen content and high-end cinematics. The tool was used in the development of such AAA titles, as Far Cry 5, Ghost Recon Wildlands, Mafia 3, and others

  • PDG (Procedural Dependency Graph) is another SideFX’s product, which is a procedural architecture that helps designers and developers better scale, automate, and analyze content pipelines for Film, TV, Games, Advertising, and VR

Image Credits: SideFx

SOURCES: SIDEFX, CGCHANNEL

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M&A
SideFX
  • Established in 1987

  • Headquarters — Toronto, Canada

  • Team of 100+ employees

  • Founded by — Kim Davidson and Greg Hermanovic

  • 3D animation and visual effects software developer

Epic Games
  • Established in 1991

  • Headquarters — Cary, North Carolina, United States

  • Founded by Tim Sweeney (CEO) and Mark Rein (Vice President)

  • Team of 2,000+ employees

  • Leading video game software developer (Unreal Engine, EGS, etc.), game developer (Fortnite, Gears of War franchise, etc.) and publisher