Gaikai secures $30m extra funding

More financial backing for David Perry's cloud gaming service

Streaming games service Gaikai has secured a further $30 million in funding.

The funding was led by venture capital firm NEA and mobile giant Qualcomm, along with Benchmark Capital, Rustic Canyon and Intel Capital.

"Our vision is to manage the Gaikai Global Interactive Network, built from the ground up for the cloud," said David Perry, CEO of Gaikai.

"Telecommunications companies were built to deliver audio & data within geographic boundaries. The next generation networks must be able to additionally deliver instant, real time interactive experiences to a connected global audience, both wired and wireless.

He added: "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. Over the last few years we have quietly designed and assembled a custom high-speed interactive network, purpose built to realize this vision."

Related stories

Is there a moment in my game worth sharing?

David Perry offers a key question for devs in the future, reflects on his path from free-to-play to streaming

By Brendan Sinclair

Yapp joins Gaikai

New VP of biz dev Careen Yapp tasked with acquiring content for future Sony cloud services

By Brendan Sinclair

Latest comments

Sign in to contribute

Need an account? Register now.