Mobile Gaming Live-Streaming Service Mobcrush Raises $11M

Mobile Gaming Live-Streaming Service Mobcrush Raises $11M

Mobcrush, which live-streams mobile games like Twitch does for PC games, said today that it has raised $11 million in a new financing round led by Kleiner Perkins.

TechCrunch previously reported that the company had raised around $10 million. As we noted before, the company’s bet — along with investors — is that mobile game live-streaming will be bigger than just PC games. The rationale is pretty straightforward: there are going to be way, way more mobile devices than PCs, opening up live-streaming to a much broader audience of gamers.

Royce Disini, Mobcrush’s CEO, thinks it’ll work — but it’s still hard to tell given how early more in-depth games are on mobile devices. High profile competitive titles like Hearthstone and Vainglory are still new on the iPhone, though there have been other more complex games like Clash of Clans and Boom Beach for some time.

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