informa
1 min read
News

Gaikai Completes $30M Funding Round

Streaming video game demo service Gaikai announced today the completion of a $30 million round of Series C funding, including investment from mobile giant Qualcomm.
Streaming video game demo service Gaikai announced today the completion of a $30 million round of Series C funding, including investment from mobile giant Qualcomm. Gaikai CEO David Perry said the cash infusion would help Gaikai "accelerate the growth and adoption of its Interactive Cloud Network," which currently streams select EA games though a number of affiliate web sites, including Walmart.com. "Telecommunications companies were built to deliver audio and data within geographic boundaries," Perry said. "The next generation networks must be able to additionally deliver instant, real time interactive experiences to a connected global audience, both wired and wireless." Today's funding announcement comes on top of $10 million secured last May. Venture capital firm NEA led the new round of funding, which also included investment from Benchmark Capital, Rustic Canyon and Intel Capital. Earlier this month, Gaikai signed a deal to stream demos of select Capcom titles. The company has promised to expand its service from PCs to TVs sometime in 2012.

Latest Jobs

Treyarch

Playa Vista, California
6.20.22
Audio Engineer

Digital Extremes

London, Ontario, Canada
6.20.22
Communications Director

High Moon Studios

Carlsbad, California
6.20.22
Senior Producer

Build a Rocket Boy Games

Edinburgh, Scotland
6.20.22
Lead UI Programmer
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more