Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
July 31, 2016
arrowPress Releases
July 31, 2016
PR Newswire
View All






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Cloud Gaming Service Gaikai Raises $5M
Cloud Gaming Service Gaikai Raises $5M
January 6, 2010 | By Chris Remo

January 6, 2010 | By Chris Remo
Comments
    Post A Comment
More: Console/PC



Gaikai, the cloud processing-based streaming game service co-founded by Shiny founder and former Acclaim creative director Dave Perry, has raised $5 million in venture capital funding, according to a U.S. SEC filing submitted this week.

The company has not yet commented in detail on the funding, although a Gaikai representative did acknowledge it to Gamasutra. Mitch Lasky, a general partner at tech-focused investment firm Benchmark Capital, was listed on the SEC form, suggesting Benchmark's involvement.

Lasky himself is a veteran of the game industry, as a founder of mobile gaming company Jamdat and a one-time Activision executive.

Formed by Perry along with Andrew Gault and Rui Pereira, and announced last year, Gaikai is a competitor to similar service OnLive, which was unveiled slightly earlier.

Both companies hope to market technology that will allow users to play graphically-intensive video games without the need for highly capable processing hardware, by rendering game images on the server side then compressing and streaming then to users' devices.


Related Jobs

Respawn Entertainment
Respawn Entertainment — Chatsworth, California, United States
[07.30.16]

Art Producer
Nintendo of America Inc.
Nintendo of America Inc. — Austin, Texas, United States
[07.29.16]

RETRO STUDIOS - Tools Engineer
War Drum Studios
War Drum Studios — Gainesville, Florida, United States
[07.29.16]

Game and Systems Programmer
YAGER Development GmbH
YAGER Development GmbH — Berlin, Germany
[07.29.16]

Data Analyst (f/m)









Loading Comments

loader image