Genvid Technologies has raised $10 million in funding for its interactive streaming engine. The money came from Horizons Ventures, the private investment arm of Hong Kong business magnate Li Ka-shing.
The interactive streaming engine enables customers to monetize livestreams through sponsorships and in-stream purchases. Genvid CEO Jacob Navok said in an interview with GamesBeat that the company will use the funds to try to triple the company’s growth in the next couple of years.
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