Twitch Snags $20 Million
Twitch, an online video network and gaming community, announced that it has raised a $20 million series C round of funding. The round was led by Thrive Capital, with participation from WestSummit Capital and Take-Two Interactive Software, as well as existing investors Alsop Louie Partners and Bessemer Venture Partners. The company, which sees more than 45 million unique monthly visitors, will use the new capital to further scale its sales and infrastructure divisions.