Israel’s Overwolf raises $5.3M for user-generated game add-on tools

Overwolf has raised $5.3 million in funding to design a platform where users can create their own add-on mods and utilities for games. The new investment reflects the company’s wider ambitions to provide an add-on platform to modify games.

The investment shows that user-generated content and platforms targeting hardcore gamers are still a hot category within the larger game industry.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.