Streaming toolkit Lightstream raises $eight million in preliminary funding

Streaming toolkit Lightstream raises $eight million in preliminary funding

Streaming instruments firm Lightstream has raised $eight million in a Sequence A funding spherical.

Venturebeat studies that the funding would go in the direction of including extra options to Livestream’s cloud-based studio.

Since launching in 2014, the Chicago-based agency has raised $9.eight million in funding. Buyers for the software program embody Drive Capital, Silicon Valley Financial institution, MK Capital and Pritzker Group.

Broadcasting to you reside

Lightstream provides content material creators quite a lot of web-based instruments that may assist them improve their livestreams throughout platforms resembling YouTube, Twitch, Mixer and Fb.

The toolkit doesn’t require a devoted seize card and permits customers to run streams with out the necessity to obtain any software program.

The corporate claims the extent of engagement of its customers elevated all through 2018, with content material creators streaming for eight.5-times extra hours than within the earlier 12 months.

In 2018 Microsoft partnered with Livestream to merge the tech device into Xbox and Home windows broadcasts.

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