Overwolf raises $16 million for game services in round led by Intel Capital

Overwolf has raised $16 million for its game apps and services in a funding round led by Intel Capital. The Tel Aviv, Israel-based Overwolf has created an overlay platform that enables developers to create game applications, modifications, or services that enhance the experience of today’s PC games.

The deal follows an August announcement where Overwolf and Intel said they would create a $7 million fund to invest in apps and mods for hardcore gamers.