Type of site | Live streaming, streaming video |
---|---|
Dissolved | June 26, 2024 |
Area served | Worldwide |
Founder(s) |
|
URL | caffeine |
Commercial | Yes |
Registration | Optional |
Launched | January 31, 2018 (Pre-Release) |
Current status | Defunct |
Caffeine was a live streaming platform for gaming, sports, and other entertainment content. [1]
Caffeine secured a $100 million investment in September 2018 from 21st Century Fox with chairman Lachlan Murdoch joining Caffeine's board, as well as the creation of a newly formed joint venture called Caffeine Studios. As of 2019, Caffeine had raised $146 million from investors in 3 rounds led by 21st Century Fox, Andreessen Horowitz, and Greylock Partners. [2]
Both Caffeine and Twitch hosted pre-game events for Super Bowl 2020. Notable content creators who have used the platform include JuJu Smith-Schuster and Offset. [3]
Caffeine ended their service on June 26, 2024, stating that they were not able to achieve profitability. [4]
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