Gaikai Receives $10,000,000 Series B Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a44c0a8e-9a1f-4487-af9b-dba87fdd8eb1&Preview=1
Date
5/24/2010
Company Name
Gaikai
Mailing Address
65 Enterprise Aliso Viejo, CA 92656
Company Description
Gaikai is a revolutionary new technology that lets you play any game online in your browser. In the age of the cloud, when all your documents, email, photos and videos are instantly reachable online, it seems archaic that you still need to install gigabytes of game files on an expensive PC with an even more expensive video card. And even then you can only play from that specific computer.
Website
http://www.gaikai.com
Transaction Type
Venture Equity
Transaction Amount
$10,000,000
Transaction Round
Series B
Proceeds Purposes
Launching in North America soon, Gaikai’s revolutionary cloud based streaming service will allow gamers to experience the latest video games via the Internet at any time, through multiple devices and platforms.
M&A Terms
Venture Investor
Triple Point Capital
Venture Investor
Rustic Canyon Partners
Venture Investor
Benchmark Capital