SoftBank Vision Fund 2, Menorah Mivtachim and PayPal Ventures backed the livestreaming platform developer this week, with Vision Fund acquiring a board seat.

Internet and telecommunications firm SoftBank’s Vision Fund 2 led a $100m funding round for Israel-based livestreaming platform developer StreamElements yesterday.

PayPal Ventures, the corporate venture capital unit for digital payment processor PayPal, also participated in the round, alongside insurance provider Menorah Mivtachim, Pitango Venture Capital’s Pitango First vehicle, MoreTech Ventures, State of Mind Ventures and Mivtach Shamir.

Founded in 2016, StreamElements provides software tools for livestreaming and video-on-demand (VOD) content creation for platforms including Twitch, Youtube and Facebook Gaming. Its…

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