Huya, NTT Docomo Ventures and Samsung Ventures have provided a $6m extension for the livestreaming monetisation platform's latest round.

US-based streaming technology developer Genvid Technologies has increased its series B round to $33m, adding $6m from mobile network operator NTT Docomo, electronics manufacturer Samsung and livestreaming service Huya, VentureBeat reported yesterday.

NTT Docomo and Samsung invested through respective corporate venturing subsidiaries NTT Docomo Ventures and Samsung Ventures.

The $27m first tranche in November 2019 was led by Galaxy Interactive, an investment arm of merchant bank Galaxy Digital, and included March Capital Partners, OCA Ventures, Makers Fund, Horizons Ventures, Valor…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.