San Mateo California based Boom.tv is raising $9,775,000.00 in New Equity Investment.
San Mateo, CA – According to filings with the U.S. Securities and Exchange Commission, Boom.tv is raising $9,775,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Sumit Gupta played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Boom.tv
At Boom.tv our mission is to bring game influencer communities together through fun and interactive gaming content on live streams, thereby helping influencers engage and monetize their audience. We are at intersection of two huge trends in the $140B gaming industry. One is that games produced need to have influencer strategy and have built in loops for viewer/friends interaction and narration. Other is unabated growth in appetite of 2b+ gamers for competitive gaming and eSports content. Boom is building a middle platform helping game developers build incentive and monetization loops for influencers and viewers.
To learn more about Boom.tv, visit http://boom.tv/
Contact:
Sumit Gupta, Chief Executive Officer
510-936-0097
sumit@boom.tv
https://www.linkedin.com/in/guptasumit/
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