Investment

Chilean gaming software, Barracks, receives investment from Manutara Ventures

LatAm List – Manutara Ventures, a venture capital fund in Santiago, Chile, made an undisclosed investment in Chilean startup, Barracks, in early December. Barracks is a Chilean software that monitors gamers’ performance and helps optimize their strategies for competitions.

This software uses statistical analysis to provide key information about players to aid in competition outcomes, as well as to provide information for game developers. The company is still in an early stage of testing a beta product, according to their website.

According to Iberian Lawyer, Carey law firm in Santiago worked with Manutara Ventures to complete the deal.

Read more in LAVCA or Iberian Lawyer.

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