Genvid Technologies has expanded its latest round of funding with additional funding from strategic investors NTT Docomo Ventures, Samsung Ventures, and Huya. Full told, the streaming company’s Series B funding has now reached $33 million, up from $27 million announced in November, and it’s raised $53 million to date.
Genvid‘s interactive streaming engine enables customers to monetize livestreams through sponsorships and in-stream purchases. But it also enables game developers to bring fans into a game, changing it on the fly through their own actions so that the experience for a player will be different. Genvid aims to make interactive streaming a must-have for developers and for audiences watching games and esports on livestreams.
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