Mobcrush, Inc., the mobile-first live streaming app and community for gamers, today announced it has completed a US$20 million Series B fundraising round led by Los Angeles-based Evolution Media. Kleiner, Perkins, Caufield & Byers, which led Mobcrush’s Series A financing in September 2015, also participated along with existing investors, including Raine Ventures, Lowercase Capital, First Round Capital and others.
The new infusion of capital brings the total raised by Mobcrush to $35.9 million since its founding in 2014.
Founding CEO Royce Disini said the company will use the financing to continue building Mobcrush’s market-leading position in mobile-first game streaming, eSports and community, and continue to grow the platform’s one million active users. The financing also will allow Mobcrush to continue to hire more engineers.
Prior to Mobcrush, live broadcasting a mobile game required as many as 40 steps, additional hardware, and tethering to a computer. The Mobcrush app reduces that complexity to one tap and empowers content producers to share their mobile phone screen and camera from anywhere, without any additional hardware. For example, thousands of broadcasters shared their Pokémon GO adventures live on Mobcrush last summer.
The Mobcrush app, which is available free on the Apple App Store and the Google Play Store, allows gamers to broadcast mobile gameplay, watch live and on-demand mobile gaming videos, and chat with other players.
Nearly five percent of Mobcrush users are content creators, more than twice as many as other gaming content platforms. These content creators are today’s “digital stars” of the “GenZ” demographic of 13-24 year-olds who comprise Mobcrush’s community.
Popular games on Mobcrush include Minecraft, Vainglory, Clash Royale and Pokemon GO. Critical Ops, a recently released mobile first person shooter, saw more than 5,000 broadcasts and more than 2 million minutes watched on Mobcrush prior to the game’s release.



