Mobile Livestreaming Games Co MOBCRUSH Raises $11M Series A

Venture Beat reports this morning that Santa Monica-based mobile game livestreaming service MOBCRUSH has raised an $11 million Series A, bringing their total raise to $15M for the 20-person company.

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This round’s investing group, led by Kleiner Perkins, includes Raine, First Round, Lowercase, Rincon, Crosscut, and Advancit.

Oddly enough, CEO Royce Disini says his company wasn’t even seeking funding, but fielded a variety of attractive offers.

Mobcrush is focusing on a mobile-first streaming strategy, unlike Amazon-owned PC-based Twitch, to fuel multi-player gaming and viewing. According to the article, although the size of the market has not been established, Mobcrush is showing positive signs of rapid growth, such as during a Hearthstone community tournament, which experienced “a peak of 20,000 simultaneous users who viewed a total of 1 million minutes of gameplay.”

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Author Description

Scott Perry -- LA Tech Digest founder

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