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SLIVER.tv Secures Series A Funding for 360-Degree Esports Platform

Funding will help with further development of 360-degree broadcasting platform for Esports.

Esports have been gaining increasing amounts of attention as the fanbase grows and it moves towards becoming mainstream. A growing number of Esports fans are choosing to watch Esports tournaments in360-degrees. SLIVER.tv is one of the providers of the 360-degree Esports experience, and has just secured $9.8 Million in series A funding for its 360-degree platform.

Since itsl aunch in 2016, SLIVER.tv has broadcast several global Esports tournaments in 360-degrees in partnership with brands and companies such as DreamHack, ESL One and Intel Extreme Masters. The company has broadcast Esports matches from top videogames such as Counter-Strike: Global Offensive (CS:GO) and League of Legends.

Mitch Liu, co-founder and CEO of SLIVER.tv, said: “I’m thrilled to welcome Danhua Capital, Heuristic Capital Partners and ZP Capital to the SLIVER.tv family. Our platform today enables our global fans to connect and truly experience esports in a whole new perspective. We’re on the cutting edge developing the next-generation live streaming technology, and this new funding will accelerate our R&D investments in machine vision, artificial intelligence and virtual reality.”

Dovey Wan, managing director of Danhua Capital, said: “We are very excited to partner with SLIVER.tv. Mitch and his team are fundamentally transforming the live spectator experience for global esports fans with their patented video streaming technology. Together with a new interactive engagement model, 360 esports content, and a novel incentive model for streamers, tournament organizers, and esports fans, we firmly believe they are ready to disrupt the industry with their next-gen multimedia entertainment platform.”

VRFocus will continue to report on news from the VR and 360-degree sectors.

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