StreamHERO Raises a $550K Pre-Seed Financing Round

Live-stream advertising network StreamHERO (which is operated by Delaware-registered ADSTREAM Corporation) announced that it has raised a $550K USD pre-seed financing round led by seed stage-focused venture capital investment fund Adventures Lab. Further participants in the investment round include affiliate network Admitad, in-game item trading platform DMarket co-founder Vlad Panchenko, Bitfury Capital director and managing partner Marat Kichikov, and ESforce Holdings co-founder Alexander Kokhanovskiy.

The Kyiv-based company, which first launched its service in a closed beta in December 2019, intends to use the investment proceeds to “introduce new monetization tools for streamers, additional analytics, and ads performance improvements, as well as new ads formats for brands, including integrations with ad exchanges and networks.”

Source: https://esportsobserver.com