Edge Gaming, an Israeli video game startup, recently announced a complete rebrand to Ludeo. This change reflects the company’s growth and ambition, as well as its dedication to providing the best gaming experience possible for its community. The company is known for its proprietary technology that allows anyone to cut their most exciting game moments and turn them into standalone gaming units called “Playables.” Alongside the company name, Ludeo also rebranded “playables” to “Ludeos”.
In June 2022, the company secured $30 million in a Series A funding round led by US-based Corner Ventures, and backed by another Israeli games company Playtika. Ludeo was founded in 2021 by brothers Asaf and Omri Gazit and is dedicated to building the next generation of media content.
Asaf Gazit, co-founder and CEO of Ludeo, shared the news on LinkedIn and explained that the name Ludeo is derived from the Latin word “ludere,” which means “to play.”
For the past decades, video (derived from videre in latin – ‘to watch’) and audio (derived from audire in latin – ‘to hear’) have played a major role in the entertainment and media industries, giving us a platform for expressing ourselves and sharing our best experiences with others. We believe that today marks the beginning of a new content era – the Ludeo (derived from ludere in Latin – ‘to play’).
Asaf Gazit, co-founder and CEO of Ludeo
Ludeo launched on the .gg domain name extension, the country code for the Bailiwick of Guernsey. GG is a common abbreviation for Good Game, so with the rise of online gaming, many startups and game-related projects have started using it for their online presence. Country domain extensions offer more freedom of choice but come with certain risks.
The rebrand came with a new domain name, Ludeo.com which unlocks broader possibilities for expansion and growth. A .com domain name matching the brand name incomparably optimizes brand recognition online and provides a lot more security for the business and its customers.