Japanese mobile livestreaming app TwitCasting announced today that it has raised 64.8 million yen (approximately $634,000) from East Ventures, as well as Japanese serial entrepreneur Masao Ito who runs a web traffic analysis startup called User Local. In addition, East Ventures’ co-founding partner Taiga Matsuyama and Masao Ito will join the board of directors for TwitCasting.
TwitCasting was launched back in February of 2010 by Moi Corp. When we got in touch with the company back in March, CEO Yoski Akamatsu explained that the app’s userbase has significantly grown since the latter half of 2012, acquiring more than 200,000 users every month. The number of users is currently 2.4 million, and it’s expected to surpass 4 million by the end of this fiscal year. ...continue reading ...
Sd 5/22/2013 [en]
- Niconico and Ustream are considered to be a major service for live streaming in Japan, but these are mainly used by geek or professionals. They are kind of alternative for TV. TwitCasting is very different from these services in use cases. It has more amateur users including teenagers who broadcast their daily life to their friends like using Twitter. It may have greater potential than Niconico considering the wider base of potential users.