Twitch is introducing a new tier to its premium revenue share program — currently known as the “Partner Plus Program” — that would grant a 60/40 revenue split and has lower qualification requirements than the existing tier, expanding access to smaller creators.
Under the existing program, Partner Plus streamers receive 70% of the first $100,000 of net subscription revenue, and then 50% of any revenue after that.
The update also lowers the requirement to qualify for the 70/30 split from 350 Plus Points to 300 Plus Points.
Many streamers argued that the Partner Plus Program excluded the majority of creators because the qualification criteria was so high.
One is informed by the other, he said, but changes to Prime subscription payouts and the Plus Program have been in the works for months.
Torq, a self-described “hyperautomation” cybersecurity startup, today announced that it raised $42 million in an extension to its Series B funding round from investors including Bessemer Venture Partners, GGV Capital, Insight Partners, Greenfield Partners and Evolution Equity Partners.
“Torq’s approach to a hyperautomation platform works across multiple pillars of the organizational cybersecurity platform, making the organization more resilient.”Smadari co-founded Portland, Oregon-based Torq alongside Ofer Smadari, Leonid Belkind and Eldad Livni in 2020.
To that end, Torq lets IT teams create and deploy security workflows designed to integrate with existing cybersecurity infrastructure.
Smadari asserts, however, that Torq gives customers the ability to choose which parts of their data are accessible to the Torq platform and where that data’s stored — e.g.
According to Smadari, Torq, which makes money by charging an annual subscription, has grown revenue 300% in 2023 on 500% client base growth.
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