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 Read Entire Article
