SANTA MONICA, Calif.--(BUSINESS WIRE)--Mobcrush, the live streaming platform for mobile games, has raised more than $11M in Series A financing led by Kleiner Perkins Caufield & Byers (KPCB). Early investors Raine Ventures, First Round Capital, Lowercase, Rincon Venture Partners, Crosscut Ventures and Advancit Capital also participated in the round. The company will use the funding to accelerate its mission of supporting, entertaining and connecting the world’s 1 billion mobile gamers with a one-click streaming solution.
“Mobile gaming is a rapidly growing market,” said Mike Abbott, General Partner, KPCB. “Mobcrush is already showing engagement numbers that prove that there’s a passionate community of viewers and broadcasters of mobile games. The company has the right tech, the right team and the right timing.”
Currently in beta for iOS and MacOSX with Android and Windows coming soon, Mobcrush will be the first one-tap mobile game solution when it officially launches across all platforms in the coming months. Without requiring additional equipment or software to livestream gameplay across platforms, Mobcrush is easy-to-use, accessible and focused on building a community for mobile gamers.
“KPCB shares our vision for how the mobile landscape is evolving, and sees the massive demand for an easy, accessible streaming solution for gamers on the platform,” said Royce Disini, CEO, Mobcrush. “As our company grows and we get closer to officially launching our product, we’re humbled to see the tremendous support from our investors, but also our partners, community and players.”
Recently Mobcrush added key industry experts to its team, hiring Google Play games lead Koh Kim and former Apple App Store games lead Greg Essig. The company additionally brought on Xbox veteran Eric Doty, who is spearheading community and content partnerships, already inking deals with the mobile game gurus at TouchArcade for an exclusive streaming arrangement, and bringing on influencers like iHasCupquake to produce regular streams on the platform for their millions of viewers.
About Kleiner Perkins Caufield & Byers (KPCB)
Kleiner Perkins Caufield & Byers (KPCB) partners with the brightest entrepreneurs to turn disruptive ideas into world-changing businesses. The firm has helped build pioneering companies like Amazon, Electronic Arts, Genentech, Google, Nest, Netscape, and Twitter. KPCB offers entrepreneurs years of operating experience, puts them at the center of a vast and influential network, and accelerates their success through expertise and support in recruiting, product design and delivery, business development, strategic partnerships, and brand building. KPCB invests in all stages from seed and incubation to growth companies and operates from offices in Menlo Park, San Francisco, Shanghai, and Beijing. For more information, visit https://www.kpcb.com and follow us @kpcb.
Mobcrush is a mobile video streaming company that enables mobile users to broadcast, watch and chat about games as they play and stream in real-time. Based in Santa Monica, California, Mobcrush has raised more than $15M in funding from backers including KPCB, Raine Ventures, First Round Capital, Lowercase Capital, CrunchFund, Rincon Venture Partners, Crosscut, Lionsgate, Advancit Capital, CAA and others. For more information visit mobcrush.com.