# Sliver VR Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sliver-vr-technologies

- Industry: Software
- Headquarters: Cupertino, US
- Website: www.sliver.tv
- Total disclosed funding: $32M
- Latest round: Series A (Aug 23, 2017)
- Investors on record: 16

## About

Sliver VR Technologies, Inc. is an innovative company specializing in the esports and gaming sector, providing an interactive platform that enhances the viewer experience through real-time engagement features.Founded in 2015 and headquartered in Cupertino, US, Sliver VR Technologies, Inc. specializes in esports streaming technology. The company has raised a total of USD 9.8 mn across multiple funding rounds, with its most recent Series A round completed in August 2017, led by DHVC and supported by various investors including DCM and Samsung NEXT Ventures. The founder, Jieyi Long, has a notable background that contributes to the company’s vision and operations.Sliver.tv operates primarily in the esports and gaming industry, providing a suite of tools and services designed to enhance the viewing experience for gamers and esports enthusiasts. Their core offerings include a platform that allows users to watch live gameplay while interacting with friends and other viewers, leveraging features such as real-time chat, streaming, and integrated gaming experiences. This platform caters to a diverse customer base that includes avid gamers, esports fans, and content creators, with a focus on enhancing community engagement and social interactivity within gaming environments. Sliver.tv’s services are available in several geographical markets, with a notable presence in North America and Europe, addressing the growing demand for immersive and interactive gaming experiences in these regions.The revenue model for Sliver.tv primarily revolves around user subscriptions and partnerships with game publishers and esports organizations. This structure typically includes direct-to-consumer transactions where users subscribe to premium features or exclusive content. Sliver.tv offers various pricing tiers, allowing users access to different levels of service, potentially including ad-free viewing and enhanced interactive capabilities. Additionally, the company generates revenue through strategic partnerships with esports teams and gaming companies, facilitating sponsorships and branded content within their platform. This multifaceted approach to revenue generation positions Sliver.tv to capitalize on the expanding esports market and the increasing demand for innovative digital entertainment solutions.In August 2017, Sliver VR Technologies, Inc. raised USD 9.8 mn in Series A funding led by Danhua Capital, with participation from Heuristic Capital Partners, ZP Capital, and other investors. The company plans to utilize this funding for the development of new products aimed at enhancing user engagement and interactivity, although specific launch dates for these products have not been disclosed. Additionally, Sliver.tv is considering expansion into new international markets, particularly targeting regions in Asia and South America by 2020, to further enhance their user base and respond to the growing demand for esports content in those areas.

## Funding rounds

- Series A, Aug 23, 2017, $9.8M — Sierra Ventures, DCM, DHVC, The Venture Reality Fund, Sony Innovation Fund, Samsung NEXT Ventures, Heuristic Capital Partners, ZP Capital
- Series A, Mar 17, 2017, $16M — DHVC
- Seed, Aug 24, 2016, $6.2M — Sierra Ventures, DCM, Greycroft, Gree, Inc., Green Pine Capital Partners, Bertelsmann Digital Media Investments, Advancit Capital, Connect Ventures, The Venture Reality Fund, Colopl Next, Sparkland Capital

## Investors

- Sierra Ventures (https://capitalatlas.ai/funds/sierra-ventures) — Seed, Series A
- DCM (https://capitalatlas.ai/funds/dcm) — Seed, Series A
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Seed
- Gree, Inc. — Seed
- Green Pine Capital Partners (https://capitalatlas.ai/funds/green-pine-capital-partners) — Seed
- Bertelsmann Digital Media Investments (https://capitalatlas.ai/funds/bertelsmann-digital-media-investments) — Seed
- Advancit Capital (https://capitalatlas.ai/funds/advancit-capital) — Seed
- Connect Ventures — Seed
- The Venture Reality Fund (https://capitalatlas.ai/funds/the-venture-reality-fund) — Seed, Series A
- Colopl Next (https://capitalatlas.ai/funds/colopl-next) — Seed
- Sparkland Capital (https://capitalatlas.ai/funds/sparkland-capital) — Seed
- DHVC (https://capitalatlas.ai/funds/dhvc) — Series A
- Sony Innovation Fund (https://capitalatlas.ai/funds/sony-innovation-fund) — Series A
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Series A
- Heuristic Capital Partners (https://capitalatlas.ai/funds/heuristic-capital-partners) — Series A
- ZP Capital (https://capitalatlas.ai/funds/zp-capital) — Series A