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Venture Capital News: Mobcrush Lands $4.9M in Seed Round

2015-05-19
SANTA MONICA, CA, Mobcrush, the live streaming platform for mobile games, has raised $4.9M in seed funding to support, entertain and connect the world's one billion mobile gamers.
Early investors in Mobcrush span industry leaders in games, technology and media. Mobcrush is dedicated to bringing community members the best in mobile streaming, competitions and tournaments. The team most recently made history by organizing the first live mobile eSports tournament played and streamed natively from mobile devices.

'We are humbled by the player reception to Mobcrush, and to have investors show the same love has been a strong vote of confidence,' said Mobcrush CEO Royce Disini. 'Our team is passionate about delivering value and innovation to the mobile gaming community and we're excited to have investors on board that share our vision to build, grow and scale the Mobcrush platform.'

Investors include Raine Ventures, First Round Capital, Lowercase Capital, CrunchFund, Rincon Venture Partners, Crosscut Ventures, Lionsgate, Advancit Capital, Kabam CEO Kevin Chou, former Kabam COO Chris Carvalho, Supercell early investor Jari Ovaskainen, Accel Venture Advisor Richard Wolpert, Evan Rifkin of Burstly/Testflight, CAA Ventures, BAM Ventures, and MTGx Ventures.

'Gamers have been able to livestream from desktop for some time now, and that has created tremendous demand for streaming of native mobile gameplay without the need for a PC and additional equipment,' said Matt Mazzeo, Managing Director of Lowercase Capital and an investor in Mobcrush. 'Mobcrush packs the passion and the talent to lead streaming games into its next natural evolution, on mobile.'

Mobcrush is currently in private beta for iOS and Android and has gained early traction with mobile gaming guilds and players of popular games including Clash of Clans, Vainglory, Modern Combat and Minecraft. To request an invitation to the private beta or get more information, visit: http://www.mobcrush.com/

About Mobcrush

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 $4.9M in funding from backers including Raine Ventures, First Round Capital, Lowercase Capital, CrunchFund, Rincon Venture Partners, Crosscut, Lionsgate, Advancit Capital, CAA and others. For more information visit mobcrush.com.
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