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September 19, 2017 03:00 pm GMT

Subscription art crowdfunder Patreon confirms $60M fundraise

Patreon upgrades content creation from a passion to a profession by paying artists 95% of subscription payments from fans instead of 55% of skimpy ad revenue like Facebook and YouTube. Now Patreon itself is getting paid with today’s official announcement of the big series C funding round TechCrunch broke news of last week. Patreon has raised $60 million led by Chris Paik at Thrive… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yXPhbsBlV2g/

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