Caffeine (service)

Last updated
Caffeine
Type of site
Live streaming, streaming video
Area servedWorldwide
Founder(s)
URL caffeine.tv
CommercialYes
RegistrationOptional
LaunchedJanuary 31, 2018;5 years ago (2018-01-31) (Pre-Release)
Current statusActive

Caffeine is a social broadcasting platform (live streaming) that delivers live, interactive content at the intersection of gaming, sports, and entertainment. Caffeine has raised $146 million to date from investors in 3 rounds led by 21st Century Fox, Andreessen Horowitz, and Greylock Partners. 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. [1] The studio produces exclusive gaming, esports, sports, and live entertainment content that is streamed to Caffeine's audience. [2]

Both Caffeine and Twitch partnered with celebrities to host pre-game celebrations for Super Bowl 2020. [3] Caffeines celebrities included JuJu Smith-Schuster and Offset. [3]

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References

  1. Flynn, Kerry (2019-01-23). "Gaming creators are warming up to Fox-backed Twitch competitor Caffeine". Digiday. Retrieved 2019-10-23.
  2. Roettgers, Janko (2018-09-05). "21st Century Fox Invests $100 Million in Social Live-Streaming Startup Caffeine". Variety. Retrieved 2019-10-23.
  3. 1 2 Stephen, Bijan (30 January 2020). "Twitch and Caffeine are hosting their own Super Bowls before the big game". The Verge. Retrieved 23 February 2020.