You will be redirected back to your article in seconds

Mobcrush, Startup That Live-Streams Mobile Games Like ‘Pokemon Go’ and ‘Minecraft,’ Raises $20 Million Round

Mobcrush, a two-year-old startup that enables live-streaming video of mobile games, has closed a $20 million Series B round led by Evolution Media Capital, the investment venture of CAA, TPG Growth and Participant Media.

Also participating in the round were Kleiner, Perkins, Caufield & Byers, which led Mobcrush’s Series A financing in September 2015, along with existing investors including Raine Ventures, Lowercase Capital and First Round Capital. The new funding brings the total raised by Mobcrush to $35.9 million to date.

Mobcrush — similar to Twitch and YouTube’s game-streaming features, but focused entirely on mobile games — says it has about 1 million active users. Popular games on the service include “Minecraft,” “Vainglory,” “Clash Royale” and “Pokemon Go.” According to the company, “Critical Ops,” a recently released mobile first-person shooter, had more than 5,000 broadcasts and more than 2 million minutes watched on Mobcrush prior to the game’s release.

“Mobile phones and tablets are increasingly becoming consumers’ primary source of entertainment,” said Salim Mitha, partner at Evolution Media Capital. “By focusing on seamless entertainment delivery from mobile devices, Mobcrush has anticipated this trend and is poised to change the way gamers consume and share content.”

Mobcrush touts its app as allowing gamers to live-stream with a single tap on their iOS or Android devices. Users can watch mobile gameplay live or on-demand and chat with other players; about 5% of the app’s users are broadcasters on the platform.

Founded in 2014, Santa Monica-based Mobcrush has about 30 employees. Founder and CEO Royce Disini previously worked at M-Go, the digital-movie retail joint venture of Technicolor and DreamWorks Animation now owned by Fandango, as well as MySpace and Yahoo.

Popular on Variety

More Digital

  • Gabrielle Carteris

    SAG-AFTRA Urges Gavin Newsom to Sign Law Punishing 'Deep Fake' Videos

    SAG-AFTRA National Executive Director David White is urging Gov. Gavin Newsom to sign legislation that institutes penalties for nonconsensual digital sexually explicit videos, also known as “deep fakes.” The legislation, Assembly Bill 602, targets companies and individuals who create and distribute the videos in California without the consent of the individual being depicted. “We urge Gov. [...]

  • Facebook Portal logo

    Facebook Is Launching a Portal TV Device: Here’s What We Know

    Facebook is getting ready to launch a TV streaming device in time for the holiday season, Variety has been able to confirm with multiple sources familiar with the company’s plans. The new streaming hardware will be part of the company’s Portal family of devices, featuring a camera, and combining video chatting with TV viewing and [...]

  • MoviePass card

    MoviePass Shuts Down, With Parent Company Citing Failure to Raise Funds

    MoviePass, the long-struggling theater subscription service, finally appears to be down for the count. On Friday, MoviePass notified remaining subscribers that it would be shutting down the service effective Sept. 14, 2019, because “its efforts to recapitalize MoviePass have not been successful to date,” parent company Helios and Matheson Analytics announced. “The company is continuing [...]

  • Disney Plus - Full Lineup

    How to Browse the Disney Plus Catalog the Company Is Testing in the Netherlands

    Disney began testing its Disney Plus streaming service in the Netherlands this week. Consumers in the U.S. will have to wait until November 12 to get access to the service, but European streaming aggregator JustWatch already makes it possible to browse the catalog available during this beta test. JustWatch is one of a number of [...]

  • JoJo Siwa'The Angry Birds Movie 2'

    Nickelodeon Star JoJo Siwa Gets Her Own Dance-Tour Mobile Game (EXCLUSIVE)

    Fans of JoJo Siwa will be able to join the teen influencer’s dance squad on stage — virtually — in a new mobile game. In “JoJo Siwa — Live to Dance,” players will become part of the Nickelodon and YouTube star’s worldwide tour on her professional dance team and experience what it’s like to be [...]

More From Our Brands

Access exclusive content