500 Startups-backed Indonesia live streaming platform Zeemi goes offline 

Visual from the company website

Indonesian live streaming platform Zeemi.tv has announced that it will go offline for an indefinite period of time. It’s app will also come offline soon, according to the announcement on Zeemi’s website.

Damek, the former CEO of Lazada Indonesia, started Zeemi in 2014 with the goal to make it Indonesia’s first online stage for creating, watching, and interacting with live entertainment content.

In 2015, Zeemi closed a seed funding round of more than $1 million. The investment round was led by the venture arm of Japanese firm DeNA and 500 Startups.

“We will provide more details soon, but for now, we will be limiting your ability to go live from our website,” says Zeemi’s team.

“The new iteration of Zeemi will see us broaden our reach by making our technology available to companies and developers. We thank all of our valued users for being so much fun and traveling through the pioneering world of live video streaming with us,” they added.

Zeemi is an online platform where users can share their experiences and talents on live video, across both mobile and desktop platforms.

Through Zeemi, users can share emotion and insights as a community, while also establishing a broadcast platform for performers to broadcast to friends, followers, and a wide audience in real-time.

Viewers on Zeemi could send virtual gifts purchased through Zeemii to performer, who exchange these gifts for cash. This model had been designed to motivate users and other popular broadcasters to produce high quality content.

 

Also Read:

Zeemi.tv raises $1 million in seed funding from DeNa & 500 Startups

Indonesia: Online gaming marketplace itemku raises $225K from 500 Startups

Indonesia’s iGrow gets seed funding from East Ventures, 500 Startups

Indonesian virtual PA service YesBoss raises seed round from 500 Startups, Japan’s IMJ & Convergence Ventures

Indonesian gaming studio Toucten secures additional funding from GREE Inc, 500 Startups

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.