LA-based video-clip sharing platform Medal.television has expanded into cellular video games by buying of San Francisco outfit Megacool.co.
The phrases of the deal weren’t disclosed.
With tens of millions of customers, over 100,000 gaming clips are uploaded to the PC-focused platform each day.
Launching in 2017, Medal.television has accomplished a number of funding rounds.
Rasing $three.2 million in February in a spherical led by Backed VC and Preliminary Capital, in September 2019 it raised one other $9 million in a spherical led by Horizon Ventures.
Joined up pondering
“Gaming is an especially fragmented market, with a number of working techniques and system sorts. Every has completely different technical constraints, but customers anticipate a constant degree of high quality on all platforms. This has made launching easy social providers to players troublesome for the business,” stated Medal.television CEO Pim de Witte.
“By including Megacool’s cellular experience and know-how to Medal.television, the biggest clip sharing platform on PC, we’ll have the ability to work straight with recreation builders on each platforms to drive installs and re-engagement to their video games by player-driven sharing habits.
With this acquisition we’re unifying content material sharing right into a simplified layer for players and devs throughout PC and cellular.”
Megacool.co’s focus is on cellular video games – permitting customers to ship clips or gifs of video games by messenger providers reminiscent of Discord, iMessage, WhatsApp and Fb.
The corporate beforehand raised $1.6 million in seed funding led by Alliance Enterprise.
Buying Megacoohas allowed Medal.television to develop from PC video-clipping to its customers having the ability to take action on cellular units. Over 50 dwell cellular recreation clients be a part of Medal.television by Megacool.co.
“We’ve labored with Medal.television on a number of initiatives over the previous couple of years,” stated Aurora Klæboe Berg, CEO of Megacool.co. “The extra we labored collectively, the extra we noticed how nicely the 2 firms and our choices match collectively. With this house heating up, it’s an thrilling time to hitch Medal.television and additional convey PC and cellular recreation video sharing underneath one roof.”