Susquehanna International Group and Globe Telecom returned to reinvest in the livestream platform developer through a $73.6m round.

Philippines-based livestreaming app developer Kumu has received $73.6m in series C funding from investors including quantitative trading firm Susquehanna International Group (SIG) and telecommunications group Globe Telecom, DealStreetAsia reported yesterday.

Growth equity firm General Atlantic led the round with a $38.9m investment while Openspace Ventures, Gentree Fund, Endeavor Catalyst, Gobi-Core Fund and Foxmont Capital Partners also took part.

Globe Telecom invested $5.2m through its corporate venturing arm, Kickstart Ventures, while SIG provided $15m.

Founded in 2017, Kumu developed a social…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.