OGQ, operator of smartphone wallpaper app Backgrounds HD, banked US$4.1 million in a series B round from Afreeca TV, a home-grown video streaming firm. This bumps up total funding to US$12.4 million so far.
With the funding, the company will develop Afreeca TV OGQ Market, a marketplace where Afreeca TV’s live-streamers can sell their stickers, images, videos, fonts, music, sheet music, voice, etc. Creators will retain 70% of each content sales transaction.
OGQ’s Backgrounds HD app boasts 115 million+ downloads from over 200 countries.