Azubu Continues Challenging Twitch, Raises Over $82 Million

Azubu Continues Challenging Twitch, Raises Over $82 Million

Twitch is the undoubted king of the hill when it comes to the world of streaming video games, but that doesn’t mean there aren’t competitors trying to take a slice of their pie. One of those is Azubu, a rival streaming service with a footprint in South Korea and South America.

The site has been pushing hard to expand its presence in Europe and North America, and its capacity to do so has just been boosted substantially after raising over $80 million in its latest funding round.

The Daily Dot reported that Azubu has secured 55 million euros, more than $82 million in Australian dollars, in its latest funding round through a global investment firm called the Sapinda Group.

A spokesperson for Azubu also told the site that the streaming service enjoyed 9 million unique visitors in October. That’s a growing figure for Azubu, but it’s substantially dwarfed by, whose monthly unique visitors broke 100 million at the start of the year.

Azubu is continuing to heavily target the growing South American scene, while they’re also currently hiring for an eSports manager in the United Kingdom to further build opportunities and partnerships in the area.

[The Daily Dot]