Cloud-based gaming company Gaikai, which raised $30 million in venture capital about 11 months ago, has put itself on the block with a $500 million price tag, according to a Fortune report.
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Gaikai said it raised a $30 million Series C round to continue the roll out of online gaming network. New Enterprise Associates led the round for the Los Angeles company and was joined by Qualcomm, Benchmark Capital, Rustic Canyon and Intel Capital. PRESS RELEASE Gaikai Raises $30M to Accelerate Availability of Interactive Cloud Gaming FOR [...]
Gaikai, a privately held cloud gaming firm whose backers include Electronic Arts, Intel Capital and Akamai Technologies expects to sign deals with major publishers and video game makers, as the market shifts from console-based games to online titles, according to Reuters. CEO David Perry, 44, who founded Gaikai in 2009, said he is “going back [...]
Gaikai Inc., a provider of a cloud-based video game streaming service, has raised more than $10 million in Series B funding. TriplePoint Capital, Rustic Canyon Partners and an undisclosed strategic backer were joined by existing shareholder Benchmark Capital.