StreamElements raises $100M in newest spherical

StreamElements raises $100M in latest round

A brand new GamesBeat occasion is across the nook! Study extra about what comes subsequent. 

StreamElements introduced that it raised $100 million in its newest funding spherical.

The corporate supplies instruments and providers for livestreamers, with its platform reaching over 1.1 million content material creators. StreamElements will use this new money to assist create new instruments and to additional its development.

SoftBank Imaginative and prescient Fund 2 led the spherical, with PayPal Ventures, MoreTech, State of Thoughts Ventures, Pitango First, Menorah, and Mivtach Shamir additionally contributing.

“Since launching StreamElements in 2017, it has grow to be the main platform within the creator economic system by constructing nice merchandise and offering legendary service to content material creators of all sizes whereas serving to them collectively generate over 100 million {dollars},” stated Gil Hirsch, CEO and co-founder of StreamElements, in a press launch despatched to GamesBeat. “With this extra funding we’re bolstering our employees to strengthen and broaden our capability to allow content material creators throughout a number of platforms to make a residing doing what they love.”


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