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Months after closing , video game streaming platform has raised $100 million more. was led by , a traditional media company. Other participants in the round include venture capital groups and . The pair co-led the company鈥檚 previous round.

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In 2017, 21st Century Fox鈥檚 television and movie studios. Fox and Caffeine are now partnering on a venture called Caffeine Studios which will 鈥渓everage FOX Sports鈥� expertise in live events and programming to create exclusive esports, video game, sports, and live entertainment content,鈥� . The company鈥檚 stake in Caffeine and the new venture will be a part of New Fox, the holding company for assets that aren鈥檛 part of the Disney acquisition.

As Crunchbase News previously reported, Caffeine, which was founded in 2016 by former Apple engineers and , competes with and Gaming. Both Twitch and YouTube Gaming enjoy the deep-pocketed support of their parent organizations, and , respectively.

However, Caffeine claims to have a more seamless, real time streaming experience鈥攗nlike other services that have built-in streaming delays. Further, Caffeine鈥檚 software aims to provide streamers with more targeted conversations between their close social circle and highly upvoted members of the streaming community.

This round and partnership point to Caffeine鈥檚 goal to move beyond gaming into other content categories as well. The backing of a media industry veteran like 21st Century Fox will likely boost those efforts and could give the startup a leg up in an effort to effectively compete in a crowded streaming market.

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