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Ready Raises $5 Million for Hyper-Casual Esports Platform

VentureBeat reports: "Ready, the maker of The Ready Games hyper-casual esports tournament platform, has raised $5 million in funding. Bitkraft Esports Ventures led the...

Cinq Music Gets $40 Million in Funding From GoDigital Media Group

Billboard reports: "Cinq Music, the music company that made waves last year by partnering with Janet Jackson for the release of her single “Made...

Minute.ly Raises $8 Million To Pick Out Video Highlights With AI

VentureBeat reports: "Minute.ly, a Tel Aviv- and New York-based startup developing a platform that taps AI to enhance video content, today announced that it’s...

Strafe Raises $3 Million for Esports Companion App and Social Betting...

VentureBeat reports: "The esports company Strafe has raised $3 million for its esports companion app and betting game. The seed funding comes from Bitkraft Esports Ventures, which...

VR Streaming Platform LIV Raises $1m Seed Funding

gamesindustry.biz reports: "LIV, the company revolutionizing the way players and spectators watch and interact with live streamed VR games has announced a million dollar...

Tencent Leads ‘Substantial’ Funding Round For Retro Games Streaming Platform Antstream

gamesindustry.biz reports: "Antstream Arcade has completed a Series A funding round, securing the support of Tencent in the process. The amount raised has been...

Streaming Platform Iflix, Rival To Netflix In Emerging Markets, Raises $50M+...

Deadline reports: "Video streaming platform Iflix, which competes with Netflix in Southeast Asia and other emerging markets, says it has raised more than $50M in its latest...

Microsoft Invests $1 Billion In OpenAI To Pursue Holy Grail Of...

The Verge reports: "Microsoft is investing $1 billion in OpenAI, a San Francisco-based research lab founded by Silicon Valley luminaries, including Elon Musk and...

STX Nears Deal to Secure Saudi Arabia Financing

Hollywood Reporter reports: "Following a string of box-office duds, STX Entertainment will shore up its cashflow with an investment from Saudi Arabia. Sources tell The...

Saban Music Group Launches With $500 Million Investment

Hypebot reports: "Billionaire investor Haim Saban, Chairman of Saban Capital Group, is teaming with music industry veteran Gustavo Lopez to launch Saban Music Group...