Wargaming has announced that it has closed a $4M "growth round" funding partnership with streaming service "Hitbox" along with several other investment companies and "angel" investors. Wargaming Chief Strategy Officer Sean Lee will join the board of directors at Hitbox
With the new round of funding, Hitbox is focused on continuing to deliver innovation in both technology and community-building efforts. This autumn, as the only live-streaming platform with 4K technical capabilities, Hitbox will be the first to begin broadcasting esports events in 4K at 60 fps. On the community front, Hitbox recently announced a new revenue-for-all model, which is driving broadcaster growth across all games and genres. Now all Hitbox broadcasters, no matter the size of their viewing audience, can participate in revenue sharing through video advertisements and viewer subscriptions.
Find out more about Hitbox and about Wargaming via the corporate websites.
