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Kumu Holdings, a live streaming startup based in the Philippines, announced today it has raised about $5 million in Series A funding, earmarked for new features and growing its operations.
The round was led by Openspace Ventures, an early investor in Go-Jek, with participation from Kickstart Ventures, media conglomerate ABS-CBN, Gobi-Core Philippine Fund, and returning investors Summit Media and Foxmont Capital Partners.
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With much of the country under COVID-19 lockdown or curfew orders, Kumu says usage of media and entertainment apps has increased. To address demand, the startup has launched new features over the past month to allow organizations like churches and industry groups to hold online events.
Kumu says it now has three million registered users and about 25,000 live streams broadcast each day, with average daily usage of about one hour.
Founded two years ago by Roland Ros and Rexy Josh Dorado, Kumu aspires to be a “super app” for Filipinos around the world, integrating live streaming, video chats and gaming, with plans to add online payments and e-commerce functions, too. Kumu’s upcoming features include a live commerce platform that allows users to buy items during live streams, giving content creators an additional source of revenue.
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Kumu Holdings, a live streaming startup based in the Philippines, announced today it has raised about $5 million in Series A funding, earmarked for new features and growing its operations.
The round was led by Openspace Ventures, an early investor in Go-Jek, with participation from Kickstart Ventures, media conglomerate ABS-CBN, Gobi-Core Philippine Fund, and returning investors Summit Media and Foxmont Capital Partners.
https://revdavidhoward.blogspot.com/2020/01/mind-and-manifestation.html
https://bit.ly/39Ww0gl
https://bit.ly/2wtrBDY
https://bit.ly/3b4h1lZ
https://bit.ly/3b4gVe7
https://bit.ly/2RteWsb
https://www.instapaper.com/read/1294857090
https://www.linkedin.com/posts/vedika-goyal-9814a2175_avgcomretail-activity-6654793396298752000-dUpI
https://www.pearltrees.com/vedikagoyal#item299996770
http://www.folkd.com/user/k@ju123
https://diigo.com/0h8psc
http://ttlink.com/pearl
With much of the country under COVID-19 lockdown or curfew orders, Kumu says usage of media and entertainment apps has increased. To address demand, the startup has launched new features over the past month to allow organizations like churches and industry groups to hold online events.
Kumu says it now has three million registered users and about 25,000 live streams broadcast each day, with average daily usage of about one hour.
Founded two years ago by Roland Ros and Rexy Josh Dorado, Kumu aspires to be a “super app” for Filipinos around the world, integrating live streaming, video chats and gaming, with plans to add online payments and e-commerce functions, too. Kumu’s upcoming features include a live commerce platform that allows users to buy items during live streams, giving content creators an additional source of revenue.
https://warnewsinformation.blogspot.com/2020/01/is-north-korea-preparing-for-major.html
https://twentysevendecoding.blogspot.com/2020/02/2222020-we-have-death-of-david-forney.html
https://www.instapaper.com/read/1295001998
https://www.linkedin.com/posts/vedika-goyal-9814a2175_wwwwebrootcomsafe-activity-6655013977405313024-0ZFo
https://www.pearltrees.com/vedikagoyal#item300022797
https://diigo.com/0h8sr2
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