Mergers and Acquisitions

Quarterback lets top esports gamers and streamers create their own fan-based leagues

Posted by | broadcasting, esports, Gaming, Mergers and Acquisitions, Recent Funding, serial entrepreneur, Startups, TC, Twitch, twitch tv, UpWest Labs | No Comments

In an effort to tie the top gamers and streamers more directly with their fans, a new company called Quarterback has just raised $2.5 million to create and manage fan-based leagues for the superstars of the esports and streaming world.

The company raked in its seed round from investors led by Bitkraft Esports, which is quickly building one of the most complete portfolios of gaming-related startups in the industry. Additional investors include Crest Capital Ventures, Deep Space Ventures, UpWest Labs and angel investors.

Essentially, it’s a platform for creating gaming leagues and content driven not by game publishers, leagues, or existing streaming sites like Twitch, but by the gamers themselves. It gives streamers and players a new way to reach their audience, the company claims.

Founded by serial entrepreneur Jonathan Weinberg, who acted as the chief executive for Round Robin and held a leadership role in the mobile game studio Spartonix, Quarterback is the latest attempt to get more revenue into the hands of gamers. 

Leagues created on Quarterback can host daily challenges, give away prizes and compete against fan clubs devoted to other top players.

Esports streamers and gamers are among the most bankable influencers, pitching to a new generation of consumers that don’t track traditional media sources. The ability to host and own their own channels gives these streamers an ability to create their own game libraries, cultivate a next generation of talent and encourage one-to-one interactions on platforms they control.

“Most streamers and pros struggle to monetize their fan-base and lose touch with their audience when the fans break away to play their own games,” says Jens Hilgers, a founding partner of Bitkraft Esports Ventures. “Quarterback solves this problem in a unique way by helping streamers become an integral part of their fan’s game-play.”

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Cloudflare expands into mobile performance with Neumob acquisition

Posted by | Cloud, cloudflare, M&A, Mergers and Acquisitions, Mobile, Neumob, TC, vpn | No Comments

 Cloudflare made a significant acquisition today when it acquired mobile VPN startup, Neumob. The purchase gives Cloudflare a mobile performance tool it was lacking, and a road to its first direct to consumer product. The company did not reveal the purchase price.
Neumob, which had raised close to $11 million, was founded in 2015 to give users a faster mobile VPN experience that purports to… Read More

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Google confirms its acquisition of data science community Kaggle

Posted by | Enterprise, Fundings & Exits, Google, Google Cloud Next 2017, kaggle, Mergers and Acquisitions, Mobile, Startups, TC | No Comments

 Google today said it is acquiring Kaggle, an online service that hosts data science and machine learning competitions, confirming what sources told us when we reported the acquisition yesterday. The company made the announcement at its Google Cloud Next conference this morning in San Francisco, while not disclosing the terms of the acquisition. But it’s not all that surprising that… Read More

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Old-school social networks Tagged and Hi5 bought by MeetMe for $60M

Posted by | Fundings & Exits, Hi5, MeetMe, Mergers and Acquisitions, Mobile, Social, Startups, Tagged, TC | No Comments

 Like bizzaro Facebooks, Tagged and Hi5 launched in 2004 to help you meet new people instead of connecting you with friends you already know. Through social games and paid dating features, they earned a surprising amount of revenue despite being relatively unknown. Tagged bought Hi5 in 2011 before branching out into standalone social app development and renamed the parent company If(we). But… Read More

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BlackBerry Goes Shopping Again, Buys Good Technology

Posted by | BlackBerry, Enterprise, good technology, Mergers and Acquisitions, Mobile, mobile security, TC | No Comments

BlackBerry phone BlackBerry pulled a surprise move this morning when it announced that it’s purchasing mobile device management vendor Good Technology for $425 million in cash. It signals that BlackBerry, which has lost most of its worldwide handset marketshare, is shifting its focus by expanding its mobile enterprise security platform. In a way, this shift makes sense, as BlackBerry has always been… Read More

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