Game Streaming Company Gaikai Raises $30 Million In Third Round

Posted Jul 24, 2011

Game streaming startup company Gaikai has raised $30 million in a third round of funding. Games are stored in the cloud and is delivered through high-speed Internet connections when on demand.

This round of funding was led by New Enterprise Associates. Qualcomm, Benchmark Capital, Rustic Canyon, and Intel Capital participated on this round. Gaikai CEO David Perry will be using this round of funding to accelerate the Interactive Cloud Network rollout.

?We have all become used to accessing every song ever made, every book ever written, every movie in every genre through cloud-based services. Gaikai is bringing this same functionality to video games and other interactive software,? stated Perry. Gaikai started in 2009 and has 65 employees.