Twitch announced that it has secured $15 million in funding led by venture capital firm Bessemer Venture Partners with Alsop Louie Partners and Draper Associates also participating. Twitch will use the investment to enhance its core product of streaming video content experienced by over 20 million people.
“We launched Twitch a little over a year ago, and already we have more than 20 million unique viewers per month. We have also partnered with more than 2,000 incredible broadcasters and have integrated our product with leading game publishers,” said Emmett Shear, CEO of Twitch. “I’m very proud of our accomplishments, but there’s so much more to do. Our current team has put us at the forefront of the live video game streaming movement, and we can now invest aggressively to support our growing community with new ways to stream, watch, and chat.”
“Twitch is exactly the kind of company that we seek for investment,” said Ethan Kurzweil, vice president at Bessemer Venture Partners. “Twitch is not just a game changer: they created the game and are creating new experiences for their community. We’re looking forward to them accelerating their lead, and continuing to change the rules as they go.”
