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StreamElements introduced that it raised $100 million in its latest investment round.
The corporate offers instruments and companies for livestreamers, with its platform reaching over 1.1 million content material creators. StreamElements will use this new money to assist create new instruments and to additional its progress.
SoftBank Imaginative and prescient Fund 2 led the spherical, with PayPal Ventures, MoreTech, State of Thoughts Ventures, Pitango First, Menorah, and Mivtach Shamir additionally contributing.
“Since launching StreamElements in 2017, it has develop into the main platform within the creator financial system by constructing nice merchandise and offering legendary service to content material creators of all sizes whereas serving to them collectively generate over 100 million {dollars},” stated Gil Hirsch, CEO and co-founder of StreamElements, in a press launch despatched to GamesBeat. “With this extra funding we’re bolstering our workers to strengthen and broaden our means to allow content material creators throughout a number of platforms to make a dwelling doing what they love.”
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