Rival Peak was a big hit for Genvid and Facebook.
Rival Peak was a big hit for Genvid and Facebook.
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Genvid raises $113M for massive interactive live events like Project Raven

  • Posted byby Dean Takahashi
  • Updated
  • 5 min

Genvid Holdings has raised $113 million to fuel massive interactive live events such as the upcoming Project Raven.

If you’re wondering what massive interactive live events (MILEs) are, then you’re not alone. They’re part-game, part-TV show. Genvid gave us a taste of it this spring with Rival Peak, an online show on Facebook where spectators could determine the fates of 12 AI characters who competed against each other in a Survivor style show. Rival Peak surpassed more than 100 million minutes watched for its first 12-week season.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.