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Lightstream acquires technology behind retired streamer subscription platform Gamewisp

Lightstream acquires technology behind retired streamer subscription platform Gamewisp

Livestreaming platform Lightstream has bagged former monetisation platform Gamewisp.

Gamewisp specialised in offering transaction and reward options to creators. The company's subscription platform closed its doors back in January.

However, Lightstream has sought to acquire the tech behind the platform, not relaunch the brand itself. The tech will go into expanding Lightstream Studio, as well as additional products set for release in 2019.

Back in February, Lightstream raised over $8 million in a Series A funding round. Lightstream has raised over $9.8 million since 2014. The expansion did not stop there; it also acquired analytics platform Arsenal.gg last month.

Creative empowerment

“We have a tremendous amount of respect for team and technology behind GameWisp. Their products made it possible for thousands of streamers to effectively and creatively empower their viewers to support them,” said Lightstream CEO Stu Grubbs.

“While we won't be relaunching the GameWisp platform as it once was, we will be introducing some really creative implementations of GameWisp’s technology for streamers to effectively engage their audience and reward their communities.

"Making meaningful dollars from all your hard work doing what you love is something nearly every creator desires. We believe that “meaningful” is different for everyone and much like GameWisp we want to deliver something that empowers streamers at any stage of their journey and whatever their audience size.”

Lightstream also has a company roadmap that is open for the public to view. It allows interested parties to vote on which areas of development the platform should focus on next.


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Influencer Editor

Danielle Partis is Editor of InfluencerUpdate.biz. She was previously the lead content creator for TeamRock Games, as well as contributing to outlets such as Metal Hammer, both online and in-print. Prior to that, Danielle worked as a freelance PR consultant and freelance journalist for a number of outlets.

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