All posts tagged: 138M

Mark Cuban-backed streaming app Fireside confirms M Series A at 8M valuation

Mark Cuban-backed streaming app Fireside confirms $25M Series A at $138M valuation

Fireside, the Mark Cuban-backed interactive entertainment app, has now confirmed its $25 million Series A, valuing the business at $138 million, post-money. The company had been rumored to be raising at a $125 million valuation last year, after attracting a number of high-profile creators to its streaming platform for live and virtual shows. The funding and valuation were confirmed through Fireside’s recent investor update, obtained by TechCrunch, which also mentions new strategic investors like Paris Hilton and others, and offers a first look at its interactive streaming technology for smart TVs. The latter is made possible through last year’s acquisition of the streaming TV platform Stremium. At the time, Fireside confirmed the deal would help it to accelerate its plans, saying it would be the “only platform that turns creators, celebrities, brands, and IP owners into the studio, networks and streaming services of the future.” The company hopes to soon bring its interactive technology to smart TVs, Fire TV, Apple TV, and Roku, where viewers could watch content on the big screen and engage via …