Sep 20, 2012
The video gaming broadcast and chat community, Twitch TV, received a $15m ($14.3m AUD) growth injection from entrepreneurial investment company Bessemer Venture Partners. The investment will go towards scaling its operation past the 20 million unique views it already receives per month, allowing the company to hire more engineers and advance their streaming services.
Twitch TV empowers video gamers to stream live content from their bedrooms; it has changed the way we approach eSports coverage and today’s announcement will allow the company to enhance and scale their product to a broader audience.
“People are clamoring to share their game playing with the rest of the world,” DiPietro said. “We are removing those barriers. It’s a one-click process to broadcast your match. It’s easy to consume, anywhere you want to consume it.”
Matthew DiPetro – Vice President of Marketing at Twitch TV
“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.”
Ethan Kurzweil – Vice President at Bessemer Venture Partners