NetEase and Sony Music Entertainment contributed to a round that boosted the livestreaming platform developer's overall funding to $22m.

US-based livestreaming platform developer Maestro has raised $15m in its series B round from a consortium including internet company NetEase and entertainment producer Sony Music Entertainment.

The round included Acronym Venture Capital, SeventySix Capital, Strand Partners, Stadia Ventures, Hersh Interactive Group, Transcend Fund and private investors including Kevin Lin, Michael and Amy Morhaime, Richard Gatchalian and Aaron Lewis.

Maestro has created an online platform that allows individuals or organisations to easily set up video livestreaming using monetisation and branding tools.…

James Mawson

James Mawson is founder and chief executive of Global Venturing.