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The company was founded in Stockholm, Sweden, by two engineers who had previously worked at game studio Grin, and by the owners of Fatshark. Fatshark have used the engine in a number of their games.
Bitsquid was acquired by Autodesk in June 2014; the company has integrated the engine and related middleware into their games development toolchain, including 3ds Max, Maya, Mudbox, and Maya LT. They also rebranded the engine Autodesk Stingray. Hoping to compete with other low-cost-to-enter game engines like Unreal Engine, Unity, and CryEngine. Autodesk offers Stingray on a monthly subscription basis, and an educational and commercial 3-year subscription basis.
Games built with the engine include Escape Dead Island, Hamilton's Great Adventure, Krater, Gauntlet, Helldivers, Magicka: Wizard Wars, Magicka 2, The Showdown Effect, War of the Vikings, War of the Roses, Warhammer: End Times - Vermintide  and Warhammer: Vermintide 2.
Autodesk announced Stingray's end of sale and development as a standalone product, effective as of January 7, 2018. The Stingray engine however lives on in the re-branded 3DS Max plugin 3DS Max Interactive released in June 2017. Updated alongside 3DS Max 2019, the current version is 2.1.777 bringing new functionality that suggests continued development by Autodesk.
- James Pember (May 9, 2013). "Bitsquid: a high-end game engine focusing on performance, flexibility and productivity". Swedish Startup Space.
- "Autodesk Acquires Bitsquid" (Press release). Autodesk, Inc. 2014-06-09. Retrieved 2015-08-31.
- "Autodesk Launches Stingray Game Engine at GDC Europe 2015". Autodesk. August 3, 2015.
- Rachel Weber (9 June 2014). "Autodesk acquires Bitsquid and its engine". Gamesindustry.Biz.
- Stephen Kleckner (3 August 2015). "Autodesk's Stingray may be a big threat to Unity and Unreal in the game-engine wars". VentureBeat.
- Steve Dent (15 August 2015). "Autodesk targets small studios with its Stingray game engine". Engaget.
- "Building Warhammer Vermintide with Stingray". 80 level. 20 August 2015.
- "3D Engine: Bitsquid". MobyGames.
- JAFalcon (13 March 2013). "Bitsquid bringing its proprietary game engine to PlayStation 4". Gamewatcher.
- "Eine Doku zum Gruseln". GameStar. 23 July 2014. Retrieved 4 November 2014.
- "Changes to Autodesk Stingray FAQ | Stingray | Autodesk Knowledge Network". knowledge.autodesk.com. Retrieved 2017-12-14.
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