Boom.tv, a Redwood City, CA-based 3D livestreaming platform for eSports, raised $3.5M in seed funding.
Participants include First Round Capital, Tandem Capital, Crosscut Ventures, Betaworks, Boost VC, BITKRAFT eSports Ventures.
The company intends to use the funds to support the top ten eSports titles and expand their platform to the larger gamer and eSports communities.
Led by Sumit Gupta, CEO, Boom.tv constructs a 3D experience from a player’s game stream in real time, enabling fans to experience gameplay of eSports titles from any perspective on any PC or mobile device. Its first application lets streamers engage with their fans, and enables instant replays and multiple viewing angles. The app, available in beta starting today, also allows streamers to create one-click highlight montages and share them to social media, opening up the potential for new sponsorship opportunities.
Boom.tv will soon release an update that will allow streamers to broadcast in virtual reality, delivering an immersive experience that simulates actually being in the game. With this update, viewers will be able experience the game stream in full VR using the headset of their choice.
The 3D livestreaming platform is currently available for eSports titles CS:GO and LOL.