Mark Cuban-Backed Streaming App Fireside Confirms $25M Series A At $138M Valuation

Apr 26, 2023•over 2 years ago

Amount Raised

$25 Million

Round Type

series a

Hollywood

Investors

Paris Hilton

Description

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.

Company Information

Company

Fireside

Location

1525 MCCARTHY BLVD

Hollywood, California, United States

About

Co-Founded by Falon Fatemi and Mark Cuban, Fireside is the first interactive Web3 streaming platform that turns creators and brands into the studio, networks, and streaming platforms of the future and invites audiences not to just view content, but participate in it. Fireside has already attracted creators like Jay Leno, Melissa Rivers, Craig Kilborn, and the Creator of HBO’s Entourage who are leveraging Fireside to invent new show formats and launch next generation entertainment networks. For more information or to request access to Fireside, please visit www.firesidechat.com or download Fireside for iOS here: https://apps.apple.com/us/app/fireside/id1526340798

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