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Twitch to invest $20 million game streaming service

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Tuesday, 1 October 2013

Twitch to invest $20 million game streaming service

Twitch to invest $20 million game streaming service
Twitch the great service to watch live gaming streams directly on your mobile or desktop device has this week landed a further $20M Series C funding led by Thrive Capital, WestSummit Capital and Take-Two Interactive in preparation for its launch on the new next generation PlayStation4 and Xbox One console.
The Twitch game streaming service currently sees around 45 million unique monthly users and includes live stream of competitive gaming.
For example League of Legends is currently holding its Season 3 finals and integration with the incoming Xbox One and PlayStation 4 consoles with provide owners with a quick way to stream their console play directly to the Twitch service.
The $20 million investment will help Twitch sort out its worldwide HD streaming performance which sometimes in the past has let it down when demand has been high.

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