Genvid Technologies Brings In $2.5 Million

Digital media startup Genvid Technologies announced it has raised $2.5 million in financing from an undisclosed investor.

Founded in 2016, Genvid Technologies develop tools for interactive esports streaming. It claims to be the first broadcast solution built with games in mind, integrated with their game engines and enabling full interactivity over livestreams. The company’s product is built with flexible SDK that can work on any livestream service and with any infrastructure. Esports livestream sessions recorded using Genvid allow viewers to click on players in real time to get stats, weapon loadouts, and more, while providing players with the ability to read the audience’s reaction in real-time and use that information securely to affect the game state.