Moi Raises $6 Million in Series A Financing toAccelerate Growth of the Japanese Leading LiveStreaming Communication Platform, TwitCasting
Tokyo, Japan, April 10, 2019 – Moi Corporation, which provides TwitCasting, anover-25-million-registered-users live streaming communication platform in Japan,today announced the closing of a $6 million* Series A funding round. Participants inthe round includes GB-VI Growth Fund Investment Limited Partnership, KDDI OpenInnovation Fund and SBI AI & Blockchain Fund. The current round brings thecompany’s total funding to $12 million** to date.
* 650 million in Japanese Yen.
** 1.34 billion in Japanese Yen.
TwitCasting is a live streaming communication platform which is designed for usersto develop and meet a “comfortable” online community with real-time, opencommunication through the service. It is unique in its ability to live stream in poornetwork environments by dynamically adjusting to network quality and reducing itsbandwidth requirements. TwitCasting streamers can broadcast and record withoutworrying about network quality issues and focus on building a community. Viewerscan communicate and share with streamers through comments, send gifts and evenjoin a broadcast as “Collaborative Streaming”. The apps’ performance, simplicity andease of use has helped to drive strong mobile growth, and the registered users arenow over 25 million.
This funding will support continued product improvement of TwitCasting and fuel itsmarketing to further expand the user base as well as development of new servicesand core technologies for live streaming communication.
Moi Corporation, headquarters in Tokyo, Japan is the fast growing startup companyresponsible for TwitCasting, the largest live streaming community in Japan. Itsservice has grown to more than 25 million registered users and still been growingmainly through word-of-mouth communication. Learn more at Corporate page.
|Genre||Live streaming service|
|App download||App Store Live Viewer Google Play Live Viewer|
|Price||Free (In-App Purchase)|
|Platform||iOS / Android / Web|
|Twitter Account||TwitCasting Live @twitcastinglive|