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Pure-play mobile game streaming service Mobcrush raises $4.9 million

Looking to out-niche Twitch
Pure-play mobile game streaming service Mobcrush raises $4.9 million
Date Type Companies Involved Size
May 15, 2015 investment Lionsgate Mobcrush Raine Ventures $4.9m
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Mobile game live streaming platform Mobcrush has announced it's raised $4.9 million in seed funding.

The Los Angeles outfit has gained support from a large number of investors including some high profile industry executives.

These include:

  • Kabam CEO Kevin Chou
  • former Kabam COO Chris Carvalho
  • Supercell early investor Jari Ovaskainen
  • Accel Venture Advisor Richard Wolpert, and
  • Burstly/Testflight founder Evan Rifkin

Venture capital companies that have tossed dollar bills into the pot include:

  • Raine Ventures
  • First Round Capital
  • CrunchFund
  • Rincon
  • Crosscut
  • Lionsgate, and
  • Advancit Capital

Getting ready for launch

Mobcrush is currently in private beta for iOS and Android, and says it's finding traction with power players from games such as Clash of Clans, Vainglory, Modern Combat and Minecraft.

According to industry data, Clash of Clans is the most popular mobile game on Twitch in terms of minutes watched, although it only ranks at #43.

League of Legends is by the most watched game on Twitch, with 26 percent of total audience share.

"We are humbled by the overwhelming 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 our flourishing mobile gaming community and we're excited to have investors on board that share our vision to build, grow and scale the Mobcrush platform."